Bulgarian Telecom Defensive Blue Chips

Coca-Cola HBC

Market Cap: UK£16.6b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

Bunge Global

Market Cap: US$21.8b

Operates as an agribusiness and food company worldwide.

China Minsheng Banking

Market Cap: CN¥147.8b

Provides banking products and services in the People's Republic of China.

Banco do Brasil

Market Cap: R$111.8b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ79.3b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Quest Diagnostics

Market Cap: US$21.6b

Provides diagnostic testing and services in the United States.

Dollar Tree

Market Cap: US$21.5b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

Grupo Cibest

Market Cap: Col$73.3t

Provides various banking products and services in Colombia and internationally.

Lattice Semiconductor

Market Cap: US$21.1b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Hana Financial Group

Market Cap: ₩32.3t

Through its subsidiaries, provides financial services in South Korea, Hong Kong, Singapore, the United States, Japan, China, Indonesia, the United Kingdom, Canada, and internationally.

Labcorp Holdings

Market Cap: US$21.0b

Provides laboratory services.

Mega Financial Holding

Market Cap: NT$663.8b

Provides various financial services in Taiwan.

China Tower

Market Cap: HK$164.3b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Telefônica Brasil

Market Cap: R$107.2b

Operates as a mobile telecommunications company in Brazil.

Straumann Holding

Market Cap: CHF 16.7b

Provides tooth replacement and orthodontic solutions in Switzerland, the United States, China, Germany, Brazil, Japan, France, and internationally.

Telenor

Market Cap: NOK 199.3b

Operates as a telecommunication company worldwide.

Legal & General Group

Market Cap: UK£15.5b

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

Terumo

Market Cap: JP¥3.3t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Raiffeisen Bank International

Market Cap: €17.9b

Offers banking services to corporate, retail, and institutional customers.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥138.6b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Saudi Energy

Market Cap: ر.س76.5b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Banco de Chile

Market Cap: CL$18.1t

Provides commercial banking services in Chile.

Bank of Ireland Group

Market Cap: €17.7b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

US Foods Holding

Market Cap: US$20.2b

US Foods Holding Corp., together with its subsidiaries, markets, sells, and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Arca Continental. de

Market Cap: Mex$350.3b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Global Unichip

Market Cap: NT$637.2b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.

Alinma Bank

Market Cap: ر.س75.5b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Brown & Brown

Market Cap: US$20.0b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally.

Fortum Oyj

Market Cap: €17.4b

Engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س74.9b

Provides private health and support services in the Kingdom of Saudi Arabia.

Unipol Assicurazioni

Market Cap: €17.4b

Provides insurance products and services primarily in Italy.

China United Network Communications

Market Cap: CN¥135.1b

Provides telecommunication services in the People’s Republic of China.

CIMB Group Holdings Berhad

Market Cap: RM 82.4b

Provides various banking products and services in Malaysia and internationally.

SCREEN Holdings

Market Cap: JP¥3.2t

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

MPI

Market Cap: NT$629.5b

Manufactures, processes, repairs, imports/exports, and trades in semiconductor manufacturing and testing equipment in Taiwan, China, the United States, Singapore, Korea, and internationally.

Telia Company

Market Cap: SEK 190.0b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.