Bangladeshi Software Defensive Blue Chips

SK Telecom

Market Cap: ₩19.8t

Engages in the provision of wireless telecommunication services in South Korea.

Banque Saudi Fransi

Market Cap: ر.س49.8b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Erie Indemnity

Market Cap: US$13.3b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Samsung Fire & Marine Insurance

Market Cap: ₩19.7t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Winbond Electronics

Market Cap: NT$420.8b

Engages in the research, development, production and sales of integrated circuits, various semiconductor components and other system products.

Fisher & Paykel Healthcare

Market Cap: NZ$22.6b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Turkiye Garanti Bankasi

Market Cap: ₺589.7b

Provides various banking products and services in Turkey.

Severn Trent

Market Cap: UK£9.8b

Provides water and wastewater services in the United Kingdom.

CP ALL

Market Cap: ฿425.5b

Operates convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internationally.

Saputo

Market Cap: CA$18.2b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, Argentina, and the United Kingdom.

Chubu Electric Power Company

Market Cap: JP¥2.1t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

RenaissanceRe Holdings

Market Cap: US$13.1b

Provides reinsurance and insurance products in the United States and internationally.

Aier Eye Hospital Group

Market Cap: CN¥89.3b

Operates as a ophthalmology chain medical company in China, Hong Kong, Europe, the United States, and Southeast Asia.

Budweiser Brewing Company APAC

Market Cap: HK$102.0b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally.

Shanghai Rural Commercial Bank

Market Cap: CN¥88.7b

Engages in commercial banking business in China.

Penumbra

Market Cap: US$13.0b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Xi'an ESWIN Material Technology

Market Cap: CN¥88.5b

Xi'an ESWIN Material Technology Co., Ltd.

First Financial Holding

Market Cap: NT$411.3b

Provides various financial products and services in Asia, North America, Oceania, and Europe.

Fidelity National Financial

Market Cap: US$12.9b

Provides various insurance products in the United States.

Centrica

Market Cap: UK£9.5b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Uni-President Enterprises

Market Cap: NT$408.0b

Produces and sells food products in Taiwan and internationally.

Hangzhou Changchuan TechnologyLtd

Market Cap: CN¥87.6b

Researches and develops, produces, and sells integrated circuit equipment and high-frequency communication materials in China and internationally.

Harel Insurance Investments & Financial Services

Market Cap: ₪38.9b

Offers insurance and financial services in Israel, Europe, and internationally.

Onto Innovation

Market Cap: US$12.8b

Engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.

Fresenius Medical Care

Market Cap: €10.9b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Suzhou Centec Communications

Market Cap: CN¥87.3b

Engages in the research and development of ethernet switch chips and supporting products in China and internationally.

CNA Financial

Market Cap: US$12.7b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

BAWAG Group

Market Cap: €10.8b

Operates as a holding company for BAWAG P.S.K.

SCREEN Holdings

Market Cap: JP¥2.0t

Develops, manufactures, and markets semiconductor production equipment in Japan, Taiwan, South Korea, China, the United States, Europe, and internationally.

Kerry Group

Market Cap: €10.8b

Provides taste and nutrition solutions.

Orkla

Market Cap: NOK 120.5b

Operates as an industrial investment company within brands and consumer-oriented businesses worldwide.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ46.2b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

Unum Group

Market Cap: US$12.6b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

GD Power DevelopmentLtd

Market Cap: CN¥85.6b

Operates as a power generation company in China.

Absa Group

Market Cap: R206.9b

Provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

China Resources Power Holdings

Market Cap: HK$97.8b

An investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People’s Republic of China.