Bangladeshi Telecom Defensive Blue Chips

Avenue Supermarts

Market Cap: ₹2.6t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 21.6b

Engages in the development, manufacture, and sale of chocolate products worldwide.

Huaneng Lancang River Hydropower

Market Cap: CN¥183.7b

Engages in the development, construction, operation, and management of hydropower and new energy power generation projects.

BT Group

Market Cap: UK£20.2b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

MACOM Technology Solutions Holdings

Market Cap: US$27.0b

Provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥182.7b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Piotech

Market Cap: CN¥181.6b

Engages in the research and development, production, sales, and technical services of semiconductor equipment in China.

First Solar

Market Cap: US$26.8b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

PPL

Market Cap: US$26.8b

Provides electricity and natural gas to approximately 3.6 million customers in the United States.

Veeva Systems

Market Cap: US$26.6b

Provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.

W. R. Berkley

Market Cap: US$26.6b

An insurance holding company, operates as a commercial line writer worldwide.

Tower Semiconductor

Market Cap: US$26.3b

An independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe.

Sumitomo Mitsui Trust Group

Market Cap: JP¥4.2t

Operates as a trust bank in Japan and internationally.

New China Life Insurance

Market Cap: CN¥174.3b

Provides life insurance products and services to individuals and institutions in China.

Cincinnati Financial

Market Cap: US$25.7b

Provides property casualty insurance products in the United States.

Yuanjie Semiconductor Technology

Market Cap: CN¥173.7b

Yuanjie Semiconductor Technology Co., Ltd.

Telefónica

Market Cap: €22.0b

Provides telecommunications services in Spain, Brazil, Germany, and the United Kingdom.

QBE Insurance Group

Market Cap: AU$35.9b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

Helvetia Baloise Holding

Market Cap: CHF 20.1b

Engages in life and non-life insurance, and reinsurance business.

MTN Group

Market Cap: R410.5b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

EnBW Energie Baden-Württemberg

Market Cap: €21.7b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

QNB Bank

Market Cap: ₺1.2t

Provides various banking and financial services in Turkey.

Willis Towers Watson

Market Cap: US$24.9b

Operates as an advisory, broking, and solutions company worldwide.

Bunge Global

Market Cap: US$24.9b

Operates as an agribusiness and food company worldwide.

BNP Paribas Fortis

Market Cap: €21.5b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

Snam

Market Cap: €21.5b

Engages in the operation of natural gas transport and storage infrastructure.

Aviva

Market Cap: UK£18.5b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, India, and China.

American Water Works Company

Market Cap: US$24.7b

Through its subsidiaries, provides water and wastewater services in the United States.

AIB Group

Market Cap: €21.3b

Provides banking and financial products and services to personal, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Lasertec

Market Cap: JP¥3.9t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

Koninklijke Philips

Market Cap: €21.2b

Operates as a health technology company in North America, the Greater China, and internationally.

Banco BPM

Market Cap: €21.2b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

National Bank of KuwaitK.P

Market Cap: د.ك7.6b

Provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Winbond Electronics

Market Cap: NT$774.0b

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

China Jushi

Market Cap: CN¥165.1b

Manufactures and sells fiberglass and related products in China and internationally.

Constellation Brands

Market Cap: US$24.4b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.