&20021$33/,&$7,21)250 $SSOLFDWLRQ1R

3OHDVHUHDGWKH.H\,QIRUPDWLRQ0HPRUDQGXPWKH3URGXFW/DEHOVDQGLQVWUXFWLRQVFDUHIXOO\DQGFRPSOHWHWKHUHOHYDQWVHFWLRQ
OHJLEO\LQEODFNGDUNFRORXUHGLQNDQGLQ%/2&./(77(56

)RU2IILFHXVHRQO\
6XE%URNHU&RGH %UDQFK /*02&5( (8,1 5,$&RGH
%URNHU&RGH$51 5HIHU6HFWLRQ / 
$51%UDQFK&RGH 0DQDJHU&RGH &RGH RILQVWUXFWLRQV 3051
5HI1R

 ,:HKHUHE\FRQILUP WKDW WKH (8,1 ER[ KDV EHHQ LQWHQWLRQDOO\ OHIW EODQN E\ PHXV DV WKLV LV DQ ´H[HFXWLRQRQO\µ WUDQVDFWLRQ ZLWKRXW DQ\ LQWHUDFWLRQ RU DGYLFH E\ WKH HPSOR\HHUHODWLRQVKLS
PDQDJHUVDOHVSHUVRQRIWKHDERYHGLVWULEXWRURUQRWZLWKVWDQGLQJWKHDGYLFHRILQDSSURSULDWHQHVVLIDQ\SURYLGHGE\WKHHPSOR\HHUHODWLRQVKLSPDQDJHUVDOHVSHUVRQRIWKHGLVWULEXWRUDQGWKH
GLVWULEXWRUKDVQRWFKDUJHGDQ\DGYLVRU\IHHVRQWKLVWUDQVDFWLRQ
%\PHQWLRQLQJWKH5,$&RGH3051,ZHKHUHE\JLYHP\RXUFRQVHQWWRVKDUHSURYLGHWKHWUDQVDFWLRQVGDWDIHHGXQLWKROGLQJVLQUHVSHFWRIP\RXULQYHVWPHQWVXQGHU'LUHFW3ODQLQWKH6FKHPH V 
RI8QLRQ0XWXDO)XQGZLWKWKH6(%,5HJLVWHUHG,QYHVWPHQW$GYLVHU6(%,UHJLVWHUHG3RUWIROLR0DQDJHUV
6LJQDWXUH 6LJQDWXUH 6LJQDWXUH
6ROH)LUVW$SSOLFDQW*XDUGLDQ32$$XWKRULVHG6LJQDWRU\ 6HFRQG$SSOLFDQW32$$XWKRULVHG6LJQDWRU\ 7KLUG$SSOLFDQW32$$XWKRULVHG6LJQDWRU\
 $Q\XSIURQWFRPPLVVLRQVKDOOEHSDLGGLUHFWO\E\WKHLQYHVWRUWRWKH$0),UHJLVWHUHGGLVWULEXWRUVEDVHGRQWKHLQYHVWRUVDVVHVVPHQWRIYDULRXVIDFWRUVLQFOXGLQJWKHVHUYLFHUHQGHUHGE\WKHGLVWULEXWRU
75$16$&7,21&+$5*(6)25$33/,&$7,2167+528*+',675,%8725621/< 5HIHU6HFWLRQ - RILQVWUXFWLRQV
,FRQILUPWKDW,DPD)LUVWWLPHLQYHVWRUDFURVV0XWXDO)XQGV   ,FRQILUPWKDW,DPDQ([LVWLQJLQYHVWRULQ0XWXDO)XQGV
 ,QFDVHWKHVXEVFULSWLRQDPRXQWLVCRUPRUHDQG\RXU'LVWULEXWRUKDVRSWHGLQWRUHFHLYH7UDQVDFWLRQ&KDUJHVC IRUILUVWWLPHPXWXDOIXQGLQYHVWRU RUC IRULQYHVWRU
RWKHUWKDQILUVWWLPHPXWXDOIXQGLQYHVWRU ZLOOEHGHGXFWHGIURPWKHVXEVFULSWLRQDPRXQWDQGSDLGWRWKHGLVWULEXWRU8QLWVZLOOEHLVVXHGDJDLQVWWKHEDODQFHDPRXQWLQYHVWHG
 (;,67,1*81,7+2/'(5,1)250$7,21 3OHDVHFRPSOHWH6HFWLRQ RQO\  7KHGHWDLOVLQRXUUHFRUGVXQGHUWKH)ROLR1RPHQWLRQHGEHORZZLOORQO\EHFRQVLGHUHGIRUWKLVDSSOLFDWLRQ 0DQGDWRU\
8QLWKROGHU V1DPH )ROLR1R
 02'(2)+2/',1* 6LQJOH -RLQW 'HIDXOWRSWLRQ $Q\RQHRU6XUYLYRUV
 ),567$33/,&$17 6,1)250$7,21 >3OHDVHWLFN  @
 5HIHU6HFWLRQ %  & DQG * RILQVWUXFWLRQV  3OHDVHHQVXUHWKDWWKHGHWDLOVPHQWLRQHGPDWFKHVZLWKWKH.<&GHWDLOV
0U 0V 0V 1 $ 0 (
3$1 .<& &.<&1R .,1 A
D&RQWDFW'HWDLOV  5HIHU6HFWLRQ¶,·RI,QVWUXFWLRQV  3OHDVHHQVXUHWRPHQWLRQ&RXQWU\DQG$UHD&RGH
0RELOH1R (PDLO
7HO 2II &RXQWU\$UHDFRGH 7HO 5HV &RXQWU\$UHDFRGH )D[ &RXQWU\$UHDFRGH

7KHSULPDU\HPDLODGGUHVVDVSURYLGHGDERYHEHORQJVWRPHIDPLO\PHPEHU>3OHDVH  @
2QSURYLGLQJHPDLOLGLQYHVWRUVVKDOOUHFHLYHWKHVFKHPHZLVHDQQXDOUHSRUWRUDQDEULGJHGVXPPDU\WKHUHRIDFFRXQWVWDWHPHQWVVWDWXWRU\DQGRWKHUGRFXPHQWVE\HPDLO
+RZHYHULIWKHLQYHVWRUVZLVKWRUHFHLYHWKHVFKHPHZLVHDQQXDOUHSRUWRUDQDEULGJHGVXPPDU\WKHUHRILQSK\VLFDOIRUP>3OHDVH  @2SWLQ
0DLOLQJDGGUHVV  32%R[DGGUHVVLVQRWVXIILFLHQW

&LW\ 6WDWH 3LQ&RGH

2YHUVHDVDGGUHVV 0DQGDWRU\IRU15,),,32%R[DGGUHVVLVQRWVXIILFLHQW,QYHVWRUVUHVLGLQJRYHUVHDVDQGZLWK32%R[DGGUHVVSOHDVHSURYLGH\RXU,QGLDQDGGUHVV 

&LW\ &RXQWU\ $UHD&RGH

E'DWHRI%LUWK 0DQGDWRU\LQFDVHRIPLQRU ' ' 0 0 < < < < 0LQRU V5HODWLRQVKLSZLWK*XDUGLDQ UHIHUUHGLQSRLQWQR )DWKHU 0RWKHU /HJDO*XDUGLDQ
F3URRIIRU'DWHRI%LUWKDQG 6FKRRO/HDYLQJ&HUWLILFDWH 0DUNVKHHWLVVXHGE\+6&6WDWH%RDUG 3DVVSRUW 3OHDVH6SHFLI\
UHODWLRQVKLSZLWK*XDUGLDQ %LUWK&HUWLILFDWH 2WKHUV

G6WDWXV 5HVLGHQW,QGLYLGXDO 0LQRU 15, 5HSDWULDEOH 15, 1RQ5HSDWULDEOH 6ROH3URSULHWRUVKLS +8)

3DUWQHUVKLS)LUP /LPLWHG3DUWQHUVKLS //3 /LVWHG&RPSDQ\ 8QOLVWHG&RPSDQ\ %RG\&RUSRUDWH %DQN), ,QVXUDQFH&RPSDQ\
*RYHUQPHQW%RG\ $23%2, 7UXVW 6RFLHW\ 3URYLGHQW)XQG 6XSHUDQQXDWLRQ3HQVLRQ)XQG *UDWXLW\)XQG ),, 2WKHUV 3OHDVH6SHFLI\

H2FFXSDWLRQ 3YW6HFWRU 3XEOLF6HFWRU *RYW6HUYLFH %XVLQHVV 3URIHVVLRQDO $JULFXOWXULVW 5HWLUHG +RXVHZLIH 6WXGHQW 2WKHUV 3OHDVH6SHFLI\

I*URVV$QQXDO,QFRPH %HORZ/DF /DFV /DFV /DFV !/DFV&URUH !&URUH

1HWZRUWKLQCBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBDVRQ ' ' 0 0 < < < < 1RWROGHUWKDQ\HDU

3OHDVHWLFN  )RU1RQ,QGLYLGXDO,QYHVWRUV  ,VWKHHQWLW\LQYROYHGLQSURYLGLQJDQ\RIWKHIROORZLQJVHUYLFHV
3ROLWLFDOO\([SRVHG3HUVRQ )RUHLJQ([FKDQJH0RQH\&KDQJHU6HUYLFHV <HV 1R
5HODWHGWR3ROLWLFDOO\([SRVHG3HUVRQ *DPLQJ*DPEOLQJ/RWWHU\6HUYLFHV>HJFDVLQRVEHWWLQJV\QGLFDWHV@ <HV 1R
1RW$SSOLFDEOH 0RQH\/HQGLQJ3DZQLQJ <HV 1R
$Q\RWKHULQIRUPDWLRQ>3OHDVHVSHFLI\@BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
A,QYHVWRUV ZKR KDYH FRPSOHWHG WKH &HQWUDO .<& ZLWK WKH &HQWUDO .<& 5HFRUGV 5HJLVWU\ &.<&5  DQG KDYH D .<& ,GHQWLILFDWLRQ 1XPEHU .,1  IURP WKH &.<&5 DUH
UHTXHVWHGWRTXRWHWKHGLJLW.,1

 '(%,70$1'$7( $SSOLFDWLRQ1R

/XPSVXP,QYHVWPHQW  )RU8QLRQ%DQNRI,QGLDDFFRXQWKROGHUVDW&06/RFDWLRQVRQO\

7REHGHWDFKHGE\WKH5HJLVWUDU &$06/WG DQGSUHVHQWHGWR8QLRQ%DQNRI,QGLD

7R%UDQFK0DQDJHU8QLRQ%DQNRI,QGLD 'DWHBBBBBBBBBBBBBBBB

,:HBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

DXWKRULVH\RXWRGHELWP\RXU$FFRXQW1R7\SHRI$FFRXQWBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

C LQILJXUHV C LQZRUGV BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBWR

6FKHPH1DPH
SD\IRUWKHSXUFKDVHRIXQLWVRI8QLRQBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
6LJQDWXUHRI$FFRXQW+ROGHU V $XWKRULVHG6LJQDWRU\ LHV
$VSHU%DQNUHFRUGV

$&.12:/('*(0(176/,3 7REHILOOHGLQE\WKHLQYHVWRU $SSOLFDWLRQ1R

5HFHLYHGIURP0U0V0VBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
6FKHPH3ODQ2SWLRQ
DQDSSOLFDWLRQIRUXQLWVRIBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$PRXQWBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB,QVWUXPHQW1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBB &ROOHFWLRQFHQWUH·VVWDPSZLWK
'DWHGBBBBBBBBBBBBBBB'UDZQRQ%DQN %UDQFKBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB GDWHDQGWLPHRIUHFHLSW
 6(&21'$33/,&$17*8$5',$1,)0,125&217$&73(5621)25121,1',9,'8$/632$+2/'(5'(7$,/6 >3OHDVHWLFN  @

5HIHU6HFWLRQ %  & DQG , RILQVWUXFWLRQV 
0U 0V 1 $ 0 ( 2 ) 6 ( & 2 1 ' $ 3 3 / , & $ 1 7 'DWHRI%LUWK ' ' 0 0 < < < <
3$1 .<& &.<&1R .,1 A
D6WDWXV 5HVLGHQW,QGLYLGXDO 0LQRU 15, 5HSDWULDEOH 15, 1RQ5HSDWULDEOH 2WKHUV 3OHDVH6SHFLI\
E2FFXSDWLRQ 3YW6HFWRU 3XEOLF6HFWRU *RYW6HUYLFH %XVLQHVV 3URIHVVLRQDO $JULFXOWXULVW 5HWLUHG +RXVHZLIH 6WXGHQW 2WKHUV 3OHDVH6SHFLI\
F*URVV$QQXDO,QFRPH %HORZ/DF /DFV /DFV /DFV !/DFV&URUH !&URUH 1HWZRUWKLQCBBBBBBBBBBBBBBBBBBBBBBBBBBBB
G2WKHU'HWDLOV ,DP3ROLWLFDOO\([SRVHG3HUVRQ ,DP5HODWHGWR3ROLWLFDOO\([SRVHG3HUVRQ 1RW$SSOLFDEOH
H&RQWDFW'HWDLOV 0RELOH1R (PDLO

 7+,5'$33/,&$17 6,1)250$7,21 >3OHDVHWLFN  @
 5HIHU6HFWLRQ %  & DQG , RILQVWUXFWLRQV 

0U 0V 1 $ 0 ( 2 ) 7 + , 5 ' $ 3 3 / , & $ 1 7 'DWHRI%LUWK ' ' 0 0 < < < <
3$1 .<& &.<&1R .,1 A
D6WDWXV 5HVLGHQW,QGLYLGXDO 0LQRU 15, 5HSDWULDEOH 15, 1RQ5HSDWULDEOH 2WKHUV 3OHDVH6SHFLI\
E2FFXSDWLRQ 3YW6HFWRU 3XEOLF6HFWRU *RYW6HUYLFH %XVLQHVV 3URIHVVLRQDO $JULFXOWXULVW 5HWLUHG +RXVHZLIH 6WXGHQW 2WKHUV 3OHDVH6SHFLI\
F*URVV$QQXDO,QFRPH %HORZ/DF /DFV /DFV /DFV !/DFV&URUH !&URUH 1HWZRUWKLQCBBBBBBBBBBBBBBBBBBBBBBBBBBBB
G2WKHU'HWDLOV ,DP3ROLWLFDOO\([SRVHG3HUVRQ ,DP5HODWHGWR3ROLWLFDOO\([SRVHG3HUVRQ 1RW$SSOLFDEOH
H&RQWDFW'HWDLOV 0RELOH1R (PDLO
A,QYHVWRUV ZKR KDYH FRPSOHWHG WKH &HQWUDO .<& ZLWK WKH &HQWUDO .<& 5HFRUGV 5HJLVWU\ &.<&5  DQG KDYH D .<& ,GHQWLILFDWLRQ 1XPEHU .,1  IURP WKH &.<&5 DUH
UHTXHVWHGWRTXRWHWKHGLJLW.,1

 )$7&$,1)250$7,21)25(,*17$;/$:6 IRU,QGLYLGXDOVLQFOXGLQJ6ROH3URSULHWRUV 1RQ,QGLYLGXDOVDUHUHTXLUHGWRVXEPLWWKHVHSDUDWH)$7&$DQG8%2

'HFODUDWLRQ)RUPDYDLODEOHDWZZZXQLRQPIFRPRUDWRXU&XVWRPHU6HUYLFH&HQWUHV >3OHDVHWLFN  @ 5HIHU6HFWLRQ¶0·RILQVWUXFWLRQV
7KHEHORZLQIRUPDWLRQLVUHTXLUHGIRUDOODSSOLFDQW V JXDUGLDQ
&DWHJRU\ )LUVW$SSOLFDQW LQFOXGLQJ0LQRU 6HFRQG$SSOLFDQW*XDUGLDQ 7KLUG$SSOLFDQW
,VWKH&RXQWU\RI%LUWK&LWL]HQVKLS
1DWLRQDOLW\7D[5HVLGHQF\RWKHU <HV 1R <HV 1R <HV 1R
WKDQ,QGLD"
,I<HVSOHDVHLQGLFDWHDOOFRXQWULHVLQZKLFK\RXDUHUHVLGHQWIRUWD[SXUSRVHVDQGWKHDVVRFLDWHG7D[5HIHUHQFH1XPEHUVEHORZ
3ODFH&LW\RI%LUWK

&RXQWU\RI%LUWK
$GGUHVV7\SH
5HVLGHQWLDO%XVLQHVV 5HVLGHQWLDO 5HVLGHQWLDO%XVLQHVV 5HVLGHQWLDO 5HVLGHQWLDO%XVLQHVV 5HVLGHQWLDO
RIDGGUHVVLQ.<&UHFRUGV
&RXQWU\RI7D[5HVLGHQF\

7D[3D\HU5HI,'1R
'RFXPHQWDWLRQ7\SH
7,1RU2WKHU3OHDVHVSHFLI\
,I7,1LVQRWDSSOLFDEOH>3OHDVH 5HDVRQ $ % & 5HDVRQ $ % & 5HDVRQ $ % &
WLFN  @WKHUHDVRQ$%RU&
>DVGHILQHGEHORZ@ BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

&RXQWU\RI7D[5HVLGHQF\

7D[3D\HU5HI,'1R
'RFXPHQWDWLRQ7\SH
7,1RU2WKHU3OHDVHVSHFLI\
,I7,1LVQRWDSSOLFDEOH>3OHDVH 5HDVRQ $ % & 5HDVRQ $ % & 5HDVRQ $ % &
WLFN  @WKHUHDVRQ$%RU&
>DVGHILQHGEHORZ@ BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
‡5HDVRQ$7KHFRXQWU\ZKHUHWKH$FFRXQW+ROGHULVOLDEOHWRSD\WD[GRHVQRWLVVXH7D[,GHQWLILFDWLRQ1XPEHUVWRLWVUHVLGHQWV
‡5HDVRQ%1R7,1UHTXLUHG 6HOHFWWKLVUHDVRQ2QO\LIWKHDXWKRULWLHVRIWKHUHVSHFWLYHFRXQWU\RIWD[UHVLGHQFHGRQRWUHTXLUHWKH7,1WREHFROOHFWHG
‡5HDVRQ&RWKHUVSOHDVHVWDWHWKHUHDVRQWKHUHRI

'RFXPHQW&KHFNOLVW ,QGLYLGXDO &RPSDQ\ 6RFLHW\ 3DUWQHUVKLS ,QYHVWPHQW 7UXVWV 15, ),, V +8) $23 %2, 'HPDW+ROGHU
    )LUPV WKURXJK32$
3$1&DUG>0LFUR,QYHVWPHQWV,QYHVWRU V IURP           
6LNNLPJRYHUQPHQWRIILFLDOVVSHFLILFDOO\H[HPSW@
.<&$FNQRZOHGJHPHQW           
5HVROXWLRQ$XWKRULVDWLRQWRLQYHVW          
/LVWRIDXWKRULVHGVLJQDWRULHVZLWKVSHFLPHQVLJQDWXUHV          
0HPRUDQGXP $UWLFOHVRI$VVRFLDWLRQ          
&HUWLILFDWHRI,QFRUSRUDWLRQ          
7UXVW'HHG          
%\HODZV          
3DUWQHUVKLS'HHG          
1RWRULVHG32$ VLJQHGE\LQYHVWRUDQG32$+ROGHU           
%DQN$FFRXQW3URRI /DWHVWDYDLODEOH           
'HPDW6WDWHPHQW /DWHVWDYDLODEOH            
&OLHQW0DVWHU6WDWHPHQW /DWHVWDYDLODEOH            
+8)'HHG          
2YHUVHDV$XGLWRU V&HUWLILFDWH 6(%,5HJQ&HUWLILFDWH          
)$7&$)RUP 8%2'HFODUDWLRQV           
)RUGHPDWKROGHUVXEPLVVLRQRI.<&LVRSWLRQDO

3OHDVH DGGUHVV DOO IXWXUH FRPPXQLFDWLRQ V  LQ FRQQHFWLRQ ZLWK WKLV DSSOLFDWLRQ WR WKH 8QLRQ$VVHW0DQDJHPHQW&RPSDQ\3YW/WG
5HJLVWUDU 7UDQVIHU$JHQWRIWKH6FKHPH 8QLWWK)ORRU/HHOD%XVLQHVV3DUN$QGKHUL.XUOD5RDG
&RPSXWHU$JH0DQDJHPHQW6HUYLFHV/WG $QGKHUL (DVW 0XPEDL
8QLW8QLRQ0XWXDO)XQG 7ROO)UHH_7HO1R
5D\DOD7RZHUVW)ORRU$QQD6DODL&KHQQDL :HEVLWHZZZXQLRQPIFRP_(PDLOLQYHVWRUFDUH#XQLRQPIFRP
(PDLOHQTBXN#FDPVRQOLQHFRP_:HEVLWHZZZFDPVRQOLQHFRP *LYHDPLVVHGFDOOIURP\RXUUHJLVWHUHGPRELOHQXPEHURQDQG
JHWDQ$FFRXQW6WDWHPHQWYLD606
  3$<287%$1.$&&2817'(7$,/6 >3OHDVHWLFN  @
5HIHU6HFWLRQ ' DQG * RILQVWUXFWLRQV  :LOOEHXSGDWHGRQO\LIWKHSURRIRIEDQNDFFRXQWLVDYDLODEOH
3OHDVHXSGDWHP\RXUSD\LQEDQNDFFRXQWPHQWLRQHGXQGHUSRLQWQR  EHORZDVGHIDXOWSD\RXWEDQNDFFRXQW <HV 1R ,IQRSOHDVHIXUQLVKWKHGHWDLOVEHORZ
:LOOEHXSGDWHGRQO\LISD\PHQWLVWKURXJKFKHTXHGHELWPDQGDWHRUSURRIRISD\LQZLWK,)6&FRGHLVHQFORVHG
%DQN1DPH
%DQN$&1R %DQN%UDQFK
$&7\SH 6DYLQJV &XUUHQW 15( 152 )&15 2WKHUV 3OHDVH6SHFLI\
%DQN&LW\ 6WDWH 3,1
,)6&&2'( 0,&5&2'( ,QFDVHWKH3D\RXWEDQNDFFRXQWGHWDLOLVGLIIHUHQWIURP3D\LQEDQN
DFFRXQWGHWDLOSOHDVHVXEPLWQHFHVVDU\GRFXPHQWVDVSURRI
'RFXPHQW$WWDFKHG 2ULJLQDO&DQFHOOHG&KHTXHZLWKQDPH $FQRRIVWXQLWKROGHUSUHSULQWHG
%DQN3DVV%RRNKDYLQJQDPHDGGUHVV $FQRRIDFFRXQWKROGHUZLWKFXUUHQWHQWULHVQRWROGHUWKDQPRQWKV
,)6&&RGHLVWKHGLJLWQRDSSHDULQJRQ\RXUFKHTXHOHDIPDQGDWRU\IRUFUHGLWYLD1()757*6  0,&5&RGHLVWKHGLJLWFRGHQH[WWRWKHFKHTXHQR
)RUXQLWKROGHUVRSWLQJWRLQYHVWLQGHPDWPRGHSOHDVHHQVXUHWKDWWKHEDQNDFFRXQWOLQNHGZLWKWKHGHPDWDFFRXQWLVPHQWLRQHGKHUH
 81,7+2/',1*237,21>3OHDVHWLFN  @ 3K\VLFDO0RGH 'HPDW0RGH ,IGHPDWDFFRXQWGHWDLOVDUHSURYLGHGEHORZXQLWVZLOOEHDOORWWHGE\GHIDXOWLQHOHFWURQLFPRGHRQO\
'(0$7$&&2817'(7$,/6 5HIHU6HFWLRQ¶*·RILQVWUXFWLRQV
16'/'HSRVLWRU\3DUWLFLSDQW '3 1DPHBBBBBBBBBBBBBBBBBBBBBBB '3,'1R , 1 %HQHILFLDU\$FFRXQW1XPEHU

&'6/'HSRVLWRU\3DUWLFLSDQW '3 1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB %HQHILFLDU\$FFRXQW1XPEHU

,WPD\EHQRWHGWKDWWKHFRPELQDWLRQVHTXHQFHRIQDPHVDQGPRGHRIKROGLQJLQWKHDSSOLFDWLRQIRUPPXVWPDWFKH[DFWO\ZLWKWKHDFFRXQWKHOGZLWKWKH'HSRVLWRU\SDUWLFLSDQW
,QYHVWRUZLOOLQJWRLQYHVWLQGHPDWRSWLRQPD\SURYLGHDFRS\RIWKH'3VWDWHPHQWWRHQDEOHXVWRPDWFKWKHGHPDWGHWDLOVDVVWDWHGLQWKH$SSOLFDWLRQ)RUP
 ,19(670(17$1'3$<0(17'(7$,/6 >3OHDVHWLFN
  @

 5HIHU6HFWLRQ (  )  * DQG 1 RILQVWUXFWLRQV >7KLUG3DUW\SD\PHQW V ZLOOQRWEHDFFHSWHG@
1DPHRIWKH6FKHPH 8 1 , 2 1
3ODQ 2SWLRQ 6XE2SWLRQ ,'&:)UHTXHQF\a
5HJXODU2WKHUWKDQ'LUHFW3ODQ 'LUHFW *URZWK ,'&: 3D\RXWRI,'&: 5HLQYHVWPHQWRI,'&: 7UDQVIHURI,'&: 'DLO\ :HHNO\ )RUWQLJKWO\ 0RQWKO\

7UDQVIHURI,'&:WR 8 1 , 2 1
3ODQ2SWLRQ )DFLOLW\
'HIDXOW3ODQ2SWLRQ)DFLOLW\ZLOOEHDSSOLHGLQFDVHRIQRLQIRUPDWLRQDPELJXLW\RUGLVFUHSDQF\

3D\PHQW0RGH &KHTXH 57*6 1()7 )XQG7UDQVIHU 'HELW0DQGDWH 8QLRQ%DQNRI,QGLD$&+ROGHUVRQO\ 2QH7LPH0DQGDWH 270

&KHTXH57*61()71R &KHTXH57*61()7'DWH ' ' 0 0 < < < <
$PRXQWLQC )LJXUHV $PRXQWLQCZRUGV
/803680

6RXUFH%DQN1DPH 6RXUFH%UDQFK
6RXUFH%DQN$&1R $FFRXQW7\SH 6DYLQJV &XUUHQW 15( 152 )&15
6RXUFH%DQN,)6&&RGH &KHTXH,VVXHU1DPH ,QFDVHWKHFKHTXHLVLVVXHGE\DSHUVRQRWKHUWKDQWKHLQYHVWRU
,IHOHFWURQLFWUDQVIHUSOHDVHILOO8751R
,I2QH7LPH0DQGDWHSOHDVHILOO8QLTXH0DQGDWH5HIHUHQFH1XPEHU 8051
'RFXPHQWDWWDFKHGLQWKHFDVHRIWKLUGSDUW\SD\PHQWV 0DQGDWRU\ 7KLUG3DUW\'HFODUDWLRQV

a1RWH,'&:,QFRPH'LVWULEXWLRQFXP&DSLWDO:LWKGUDZDO2SWLRQ

72%(),//('21/<,1&$6(2)6,3$33/,&$17
1DPH 3$1

6FKHPH3ODQ2SWLRQ 6,3,QVWDOOPHQW$PRXQW 6,3'DWH )UHTXHQF\ 6WDUW0RQWK<HDU (QG0RQWK<HDU
CLQILJXUHV 'HIDXOW'HF
0RQWKO\
' ' 4XDUWHUO\ 0 0 < < < < 0 0 < < < <
6,3

0RQWKO\
' ' 4XDUWHUO\ 0 0 < < < < 0 0 < < < <

0RQWKO\
' ' 4XDUWHUO\ 0 0 < < < < 0 0 < < < <

'HIDXOW
1RWH,QFDVHWKHFKRVHQ6,3GDWHIDOOVRQDQRQEXVLQHVVGDWHRUDGDWHZKLFKLVQRWDYDLODEOHLQDSDUWLFXODUPRQWK7KH6,3ZLOOEHSURFHVVHGRQWKHLPPHGLDWH
QH[WEXVLQHVVGD\'HIDXOW6,3GDWHLVWK

0$1'$7(,16758&7,21)251$&+(&6',5(&7'(%,7 5HIHURYHUOHDIIRULQVWUXFWLRQV

8051 ) R U 2 I I L F H X V H 'DWH ' ' 0 0 < < < <

8WLOLW\&RGH &,7, >7LFN  @ &5($7( ; 02',)< ; &$1&(/

6SRQVRU%DQN&RGH &,7,3,*: ,:HKHUHE\DXWKRUL]H 8QLRQ0XWXDO)XQG

7RGHELW >7LFN  @ 6%&$&&6%15(6%1522WKHU %DQNDFQXPEHU

ZLWK%DQN 1DPHRI&XVWRPHU V%DQN ,)6& RU0,&5

DQDPRXQWRI5XSHHV LQZRUGV C LQILJXUHV

'(%,77<3( ; )L[HG$PRXQW 0D[LPXP$PRXQW )5(48(1&< ; 0RQWKO\ ; 4XDUWHUO\ ; +DOI<HDUO\ ; <HDUO\ $V ZKHQSUHVHQWHG

5HIHUHQFH 5HIHUHQFH

,DJUHHIRUWKHGHELWRIPDQGDWHSURFHVVLQJFKDUJHVE\WKHEDQNZKRP,DPDXWKRUL]LQJWRGHELWP\DFFRXQWDVSHUODWHVWVFKHGXOHRIFKDUJHVRIEDQN7KLVLVWRFRQILUPWKDWWKH
GHFODUDWLRQKDVEHHQFDUHIXOO\UHDGXQGHUVWRRG PDGHE\PHXV,DPDXWKRUL]LQJ8QLRQ0XWXDO)XQGWRGHELWP\DFFRXQWEDVHGRQWKHLQVWUXFWLRQVDVDJUHHGDQGVLJQHGE\PH
,KDYHXQGHUVWRRGWKDW,DPDXWKRULVHGWRFDQFHODPHQGWKLVPDQGDWHE\DSSURSULDWHO\FRPPXQLFDWLQJWKHFDQFHOODWLRQDPHQGPHQWUHTXHVWWR8QLRQ0XWXDO)XQGRUWKHEDQNZKHUH
,KDYHDXWKRULVHGWKHGHELW
3(5,2'
)URP ' ' 0 0 < < < <
6LJQDWXUH3ULPDU\$FFRXQW+ROGHU 6LJQDWXUHRI$FFRXQW+ROGHU 6LJQDWXUHRI$FFRXQW+ROGHU
7R        

2U ; 8QWLOFDQFHOOHG
1DPHDVLQEDQNUHFRUGV 1DPHDVLQEDQNUHFRUGV 1DPHDVLQEDQNUHFRUGV
3KRQH1R   
 120,1$7,21'(7$,/6 >3OHDVHWLFN  @ 5HIHU6HFWLRQ + RILQVWUXFWLRQV 
# #
3OHDVHUHJLVWHUQRPLQDWLRQDVUHTXHVWHGEHORZ,:HGRQRWZLVKWRQRPLQDWH  3OHDVHVWULNHRXWWKHIRUPEHORZ
,:HKHUHE\QRPLQDWHWKHXQGHUPHQWLRQHG1RPLQHH V WRUHFHLYHWKHDPRXQWVWRP\RXUFUHGLWLQWKHHYHQWRIP\RXUGHDWK,:HDOVRXQGHUVWDQGWKDWDOOSD\PHQWVDQG
VHWWOHPHQWVPDGHWRVXFK1RPLQHH V VKDOOEHDYDOLGGLVFKDUJHE\WKH$0&0XWXDO)XQG7UXVWHH6SRQVRU
1DPHDQG$GGUHVVRI 3$1RI1RPLQHH 5HODWLRQVKLS RI 'DWHRI%LUWK 1DPHDQG$GGUHVVRI*XDUGLDQ 6LJQDWXUHRI1RPLQHH
1RPLQHH $OORFDWLRQ *XDUGLDQRI1RPLQHH
WREHIXUQLVKHGLQFDVHWKH1RPLQHHLVDPLQRU 2SWLRQDO

1RPLQHH

1RPLQHH

1RPLQHH

 '(&/$5$7,21 6,*1$785(6  5HIHU6HFWLRQ . RILQVWUXFWLRQV

 ,:HKDYHUHDGXQGHUVWRRGDQGKHUHE\DJUHHWRFRPSO\ZLWKWKHWHUPVDQGFRQGLWLRQV 7 & RIWKHVFKHPHUHODWHGGRFXPHQWVWKH7 &DQGSROLFLHVRQWKH$0&·V
ZHEVLWHDQGKHUHE\DSSO\IRU8QLWVRIWKHDIRUHPHQWLRQHG6FKHPH V ,:HKDYHQHLWKHUUHFHLYHGQRUEHHQLQGXFHGE\DQ\UHEDWHRUJLIWVGLUHFWO\RULQGLUHFWO\LQPDNLQJ
WKLVLQYHVWPHQW,:HKHUHE\GHFODUHWKDWWKHDPRXQWLQYHVWHGLQWKH6FKHPHLVWKURXJKOHJLWLPDWHVRXUFHVRQO\DQGLVQRWGHVLJQHGIRUWKHSXUSRVHRIFRQWUDYHQWLRQRU
HYDVLRQRIDQ\$FW5HJXODWLRQ5XOH1RWLILFDWLRQ'LUHFWLRQVRUDQ\RWKHUDSSOLFDEOHODZV7KH$51KROGHUKDVGLVFORVHGWRPHXVDOOWKHFRPPLVVLRQV LQWKHIRUPRIWUDLO
FRPPLVVLRQRUDQ\RWKHUPRGH SD\DEOHWRKLPIRUWKHGLIIHUHQWFRPSHWLQJ6FKHPHVRIYDULRXV0XWXDO)XQGVIURPDPRQJVWZKLFKWKH6FKHPHLVEHLQJUHFRPPHQGHGWR
PHXV,:HKHUHE\FRQILUPWKDW8QLRQ0XWXDO)XQG WKH)XQG 8QLRQ$VVHW0DQDJHPHQW&RPSDQ\3ULYDWH/LPLWHG WKH$0& DQGLWVHPSDQHOOHGEURNHU V KDYHQRW
JLYHQPHXVDQ\LQGLFDWLYHSRUWIROLRDQGLQGLFDWLYH\LHOGLQDQ\PDQQHUZKDWVRHYHU,:HKHUHE\FRQILUPWKDWDWWKHWLPHRILQYHVWPHQW,ZHKDYHWKHH[SUHVVDXWKRULW\WR
LQYHVWLQXQLWVRIWKH6FKHPHDQGWKH$0&7UXVWHH0XWXDO)XQG6SRQVRUZLOOQRWEHUHVSRQVLEOHLIVXFKLQYHVWPHQWLVXOWUDYLUHVWKHUHOHYDQWFRQVWLWXWLRQ
 ,:HKHUHE\FRQILUPWKDWWKHLQIRUPDWLRQSURYLGHGKHUHLQDERYHLVWUXHFRUUHFWDQGFRPSOHWHWRWKHEHVWRIP\RXUNQRZOHGJHDQGEHOLHIDQGWKDW,ZHVKDOOEHVROHO\OLDEOH
DQGUHVSRQVLEOHIRUWKHLQIRUPDWLRQVXEPLWWHG,:HDPDUHQRWSURKLELWHGIURPDFFHVVLQJFDSLWDOPDUNHWVXQGHUDQ\RUGHUUXOLQJMXGJPHQWHWFRIDQ\UHJXODWLRQ
LQFOXGLQJ6(%,,:HFRQILUPWKDWP\DSSOLFDWLRQLVLQFRPSOLDQFHZLWKDSSOLFDEOH,QGLDQDQGIRUHLJQODZV,ZHDOVRFRQILUPWKDW,KDYHUHDGDQGXQGHUVWRRGWKH)$7&$ 
&567 &DQGKHUHE\DFFHSWWKHVDPH,:HDOVRXQGHUWDNHWRNHHS\RXSURPSWO\LQIRUPHGLQZULWLQJDERXWDQ\FKDQJHVPRGLILFDWLRQVWRWKHDERYHLQIRUPDWLRQLQIXWXUH
DQGDOVRXQGHUWDNHWRSURYLGHDQ\RWKHUDGGLWLRQDOLQIRUPDWLRQDVPD\EHUHTXLUHGE\DQ\LQWHUPHGLDU\RUE\GRPHVWLFRURYHUVHDVUHJXODWRUVWD[DXWKRULWLHV,:HKHUHE\
DXWKRUL]HWKH)XQGWKH$0&WKH57$WRVKDUHDQ\LQIRUPDWLRQSURYLGHGE\PHXVWRWKH)XQGLWV6SRQVRUWKH$0&7UXVWHHWKHLUHPSOR\HHV57$VDXWKRUL]HGDJHQWV
WKLUGSDUW\VHUYLFHSURYLGHUVP\RXUGLVWULEXWRU V 6(%,UHJLVWHUHG,QWHUPHGLDULHVRUDQ\,QGLDQRUIRUHLJQJRYHUQPHQWDORUVWDWXWRU\RUMXGLFLDORUWD[UHYHQXHDXWKRULWLHV
DJHQFLHVDQGRWKHULQYHVWLJDWLRQDJHQFLHVLQRURXWVLGH,QGLDDQGRUWRZLWKKROGDQGSD\RXWDQ\VXPVIURPP\RXUDFFRXQW V RUFORVHRUVXVSHQGP\RXUDFFRXQW V 
ZLWKRXWDQ\REOLJDWLRQRIDGYLVLQJPHXVRIWKHVDPHDVPD\EHUHTXLUHGE\UHJXODWRUVWD[DXWKRULWLHV
$SSOLFDEOHWR6,3,QYHVWPHQWVRQO\,:HKHUHE\H[SUHVVP\RXUZLOOLQJQHVVWRPDNHSD\PHQWVWRZDUGV6,3LQVWDOPHQWVDVPHQWLRQHGXQGHUWKH6,3$XWRGHELWIRUP,IWKH
WUDQVDFWLRQLVGHOD\HGRUQRWHIIHFWHGIRUUHDVRQVRILQFRPSOHWHLQFRUUHFWLQIRUPDWLRQ,ZHZRXOGQRWKROGWKHXVHULQVWLWXWLRQDQGLWVDIILOLDWHVUHVSRQVLEOH)XUWKHU,ZH
DXWKRUL]HWKHUHSUHVHQWDWLYH WKHEHDUHURIWKLVUHTXHVW WRJHWWKHPDQGDWHKHUHLQYHULILHG0DQGDWHYHULILFDWLRQFKDUJHVLIDQ\PD\EHFKDUJHGWRP\RXUDFFRXQW
$SSOLFDEOHWR0LFUR,QYHVWPHQWVRQO\,:HGRQRWKDYHDQ\H[LVWLQJ0LFURLQYHVWPHQWVZKLFKWRJHWKHUZLWKWKHFXUUHQWDSSOLFDWLRQZLOOUHVXOWLQDJJUHJDWHLQYHVWPHQWV
H[FHHGLQJCLQD\HDU
$SSOLFDEOHWR15,VRQO\,:HFRQILUPWKDW,DPZHDUH1RQ5HVLGHQW V RI,QGLDQ1DWLRQDOLW\2ULJLQDQG,ZHKHUHE\FRQILUPWKDWWKHIXQGVIRUVXEVFULSWLRQVKDYHEHHQ
UHPLWWHGIURPDEURDGWKURXJKQRUPDOEDQNLQJFKDQQHOVRUIURPIXQGLQP\RXU1RQ5HVLGHQW([WHUQDO2UGLQDU\DFFRXQW)&15DFFRXQW V 
,PSRUWDQWDOHUW,QFDVHWKHUHLVDQ\FKDQJHWR\RXU.<&LQIRUPDWLRQSOHDVHXSGDWHWKHVDPHE\XVLQJWKHSUHVFULEHG.<&&KDQJH5HTXHVW)RUPDQGVXEPLWWKHVDPHDWWKH
SRLQWRIVHUYLFHRIDQ\.<&5HJLVWUDWLRQ$JHQF\
6LJQDWXUH 6LJQDWXUH 6LJQDWXUH

6ROH)LUVW$SSOLFDQW*XDUGLDQ32$$XWKRULVHG6LJQDWRU\ 6HFRQG$SSOLFDQW32$$XWKRULVHG6LJQDWRU\ 7KLUG$SSOLFDQW32$$XWKRULVHG6LJQDWRU\

6,3
IRU
6WUDWHJLF,QYHVWPHQW3ODQQLQJ
:HOFRPHWR6WUDWHJLF,QYHVWPHQW3ODQQLQJ$JRDOEDVHGSODQQLQJZLWKZKLFK
\RXFDQQRWRQO\SODQIRU\RXUPXOWLSOHJRDOVEXWDOVRDLPWRDFKLHYHLW
7RNQRZPRUHDERXW6WUDWHJLF,QYHVWPHQW3ODQQLQJ

 LQYHVWRUFDUH#XQLRQPIFRP ZZZXQLRQPIFRP

0878$/)81',19(670(176$5(68%-(&7720$5.(75,6.65($'$//6&+(0(5(/$7(''2&80(176&$5()8//<

‡ 7HUPVDQG&RQGLWLRQVIRU0DQGDWH,QVWUXFWLRQIRU$XWR'HELW  YLLL 6,3FDQFHOODWLRQFDQEHGRQHVHSDUDWHO\E\VXEPLWWLQJWKHUHTXHVWDWOHDVW

 L 6,3WKURXJK1$&+ 1DWLRQDO$XWRPDWHG&OHDULQJ+RXVH (&6'LUHFW'HELWLV %XVLQHVV'D\VLQDGYDQFHKRZHYHUWKHDVVRFLDWHGPDQGDWHFDQEHUHWDLQHG
RIIHUHGWRLQYHVWRUVKDYLQJEDQNDFFRXQWVLQVHOHFWHGEDQNFLWLHVZKHUHWKH\ IRUIXWXUHLQYHVWPHQWV
KDYHDQDFFRXQWRUORFDWHGFXUUHQWO\  L[ 7KHWRWDORIDOO6,3LQVWDOPHQWVLQDGD\VKRXOGEHOHVVWKDQRUHTXDOWRWKH
 LL 7KHOLVWRIVXFKEDQNVPD\EHPRGLILHGXSGDWHGDWDQ\WLPHLQIXWXUHHQWLUHO\DW PD[LPXPDPRXQWDVPHQWLRQHGLQWKH0DQGDWH,QVWUXFWLRQ
WKH GLVFUHWLRQ RI 8QLRQ 0XWXDO )XQG ZLWKRXW DVVLJQLQJ DQ\ UHDVRQV RU SULRU  [ 7KH HQUROPHQW SHULRG LH 6WDUW DQG (QG 0RQWK <HDU VSHFLILHG IRU WKH 6,3V
QRWLFH VKRXOGEHOHVVWKDQRUHTXDOWRWKHHQUROPHQWSHULRGPHQWLRQHGLQWKH0DQGDWH
 LLL 7KHLQYHVWRUDJUHHVWRDELGHE\WKHWHUPVDQGFRQGLWLRQVRI1$&+IDFLOLW\RI ,QVWUXFWLRQ
1DWLRQDO 3D\PHQWV &RUSRUDWLRQ RI ,QGLD 13&,  7KH LQYHVWRU DVVXPHV WKH  [L ,QYHVWPHQWVPDGHWKURXJKWKH$XWR'HELW0RGHDUHVXEMHFWWRUHDOL]DWLRQRI
HQWLUHULVNRIXVLQJWKH$XWR'HELW)DFLOLW\DQGWDNHVIXOOUHVSRQVLELOLW\IRUWKH IXQGVIURPLQYHVWRU·VEDQNDFFRXQWDQGWKH1$9JXLGHOLQHVZLOOEHDSSOLFDEOH
VDPH ,QYHVWRU ZLOO QRW KROG 8QLRQ 0XWXDO )XQG LWV 5HJLVWUDU V  DQG RWKHU IRUWKHWUDQVDFWLRQV
VHUYLFHSURYLGHUVUHVSRQVLEOHLIWKHWUDQVDFWLRQLVGHOD\HGRUQRWHIIHFWHGRUWKH  [LL )ROORZLQJILHOGVQHHGWREHILOOHGPDQGDWRULO\ 
LQYHVWRUEDQNDFFRXQWLVGHELWHGLQDGYDQFHRUDIWHUWKHVSHFLILF6,3GDWHGXHWR   D 'DWHLQIRUPDW''00<<<<
YDULRXVFOHDULQJF\FOHVRI1$&+'HELW$XWR'HELW(&6   E %DQN$F7\SH7LFNWKHUHOHYDQWER[
 LY 8QLRQ0XWXDO)XQGUHVHUYHVWKHULJKWWRUHYHUVHDOORWPHQWVLQFDVHWKH$XWR   F %DQN$FFRXQW1XPEHU ,QYHVWRU·VEDQNDFFRXQWQXPEHU
GHELWLVUHMHFWHGE\WKHEDQNIRUDQ\UHDVRQZKDWVRHYHU   G 1DPHRI'HVWLQDWLRQ%DQN ,QYHVWRU·VEDQN
 Y %\VXEPLWWLQJWKH$XWR'HELWPDQGDWHWKHLQYHVWRUDXWKRUL]HV8QLRQ0XWXDO   H ,)6&0,&5FRGH
)XQG WR XWLOL]H WKH LQIRUPDWLRQ SURYLGHG KHUHLQ IRU WKH SXUSRVH RI LQYHVWRU·V
  I 0HQWLRQ0D[LPXP$PRXQWVXFKWKDWWKHWRWDORIDOO6,3LQVWDOPHQWVLQDGD\
LQYHVWPHQWVLQWKH0XWXDO)XQGLQFOXGLQJFUHDWLRQRIDIROLR
VKRXOGEHOHVVWKDQRUHTXDOWRWKH0D[LPXP$PRXQW
 YL ,QYHVWRUVFDQFKRRVHDQ\SUHIHUUHGGDWHRIWKHPRQWKDV6,3GHELWGDWH,QFDVH
  J 5HIHUHQFH0HQWLRQ)ROLR1XPEHU
WKH FKRVHQ 6,3 GDWH IDOOV RQ D QRQ  EXVLQHVV GDWH RU D GDWH ZKLFK LV QRW
DYDLODEOHLQDSDUWLFXODUPRQWK7KH6,3ZLOOEHSURFHVVHGRQWKHLPPHGLDWHQH[W   K 5HIHUHQFH0HQWLRQ$SSOLFDWLRQ1R
EXVLQHVVGD\   L 3KRQH1R 2SWLRQDO
 YLL ,QYHVWRUVDUHUHTXLUHGWRHQVXUHWKDWWKHUHDUHDGHTXDWHIXQGVLQWKHLUEDQN   M (PDLO,' 2SWLRQDO
DFFRXQWRQWKHGDWHRILQYHVWPHQWWUDQVDFWLRQ8QLRQ0XWXDO)XQGZLOOHQGHDYRU   N 3HULRG 6WDUW GDWH DQG (QG 'DWH RI 1$&+ UHJLVWUDWLRQ LQ IRUPDW
WR GHELW WKH LQYHVWRU EDQN DFFRXQW RQ WKH GDWH RI LQYHVWPHQW WUDQVDFWLRQ ''00<<<< RUVHOHFW¶8QWLOFDQFHOOHG·
KRZHYHULIWKHUHLVDQ\GHOD\DOOVXFKWUDQVDFWLRQVZLOOEHGHELWHGVXEVHTXHQWO\   O 6LJQDWXUHDVSHUEDQNDFFRXQWUHFRUGV
  P 1DPH0HQWLRQ%DQN$FFRXQW+ROGHU1DPHDVSHUEDQNUHFRUGV
&$06