Emirati Consumer Services Defensive Blue Chips

GLOBALFOUNDRIES

Market Cap: US$43.8b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies in the United States, Europe, the Middle East, Africa, and internationally.

Keurig Dr Pepper

Market Cap: US$43.6b

Owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally.

Danske Bank

Market Cap: DKK 279.0b

Provides various banking products and services to corporate, institutional, and international clients.

Bank Central Asia

Market Cap: Rp771.0t

Provides commercial banking and other financial services.

MetaX Integrated Circuits (Shanghai)

Market Cap: CN¥291.6b

MetaX Integrated Circuits (Shanghai) Co., Ltd.

Kotak Mahindra Bank

Market Cap: ₹4.1t

Provides a range of banking and financial services to corporate and individual customers in India.

People's Insurance Company (Group) of China

Market Cap: HK$333.4b

An investment holding company, offers insurance products and services in the People’s Republic of China and Hong Kong.

Sun Life Financial

Market Cap: CA$59.4b

A financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.

Hon. Precision

Market Cap: NT$1.3t

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

MS&AD Insurance Group Holdings

Market Cap: JP¥6.7t

An insurance holding company, engages in the provision of insurance and financial services worldwide.

Nanya Technology

Market Cap: NT$1.3t

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

Swedbank

Market Cap: SEK 391.2b

Provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

Swisscom

Market Cap: CHF 33.1b

Provides telecommunication services in Switzerland, Italy, and internationally.

ACWA Power

Market Cap: ر.س153.9b

Engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia, the Middle East, Asia, and Africa.

KB Financial Group

Market Cap: ₩61.0t

Provides various banking and related financial services to consumers and corporations in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally.

Daiichi Life Group

Market Cap: JP¥6.4t

Through its subsidiaries, provides insurance products in Japan, the United States, and internationally.

Telstra Group

Market Cap: AU$56.7b

Provides telecommunications and information services in Australia and internationally.

Skandinaviska Enskilda Banken

Market Cap: SEK 376.1b

Provides corporate, retail, investment, and private banking services.

Becton Dickinson

Market Cap: US$40.1b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

American International Group

Market Cap: US$39.7b

Provides insurance products for commercial, institutional, and individual customers in North America and internationally.

Consolidated Edison

Market Cap: US$39.7b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

Rocket Companies

Market Cap: US$39.4b

A fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada.

Hua Hong Grace Semiconductor

Market Cap: HK$307.7b

An investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, and Europe.

Tesco

Market Cap: UK£29.3b

Operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.

Power Corporation of Canada

Market Cap: CA$55.0b

An international management and holding company, provides financial services in North America, Europe, and Asia.

Kroger

Market Cap: US$39.2b

Operates as a food and drug retailer in the United States.

OTP Bank Nyrt

Market Cap: Ft11.8t

Provides various commercial banking services.

Fomento Económico Mexicano. de

Market Cap: Mex$670.8b

Through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.

ITC

Market Cap: ₹3.7t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

Federal National Mortgage Association

Market Cap: US$38.6b

Provides financing solutions for residential mortgages in the United States.

Japan Post Holdings

Market Cap: JP¥6.2t

Provides postal, banking, and insurance services in Japan.

Banca Monte dei Paschi di Siena

Market Cap: €33.3b

Provides various banking products and services in Italy and internationally.

Archer-Daniels-Midland

Market Cap: US$38.2b

Provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.

SSE

Market Cap: UK£28.4b

Engages in the generation, transmission, distribution, and supply of electricity.

Sysco

Market Cap: US$38.1b

Through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally.

Vulcan Materials

Market Cap: US$38.0b

Produces and supplies construction aggregates in the United States.