Bahraini Consumer Services Defensive Blue Chips

Target

Market Cap: US$61.4b

Operates as a general merchandise retailer in the United States.

Standard Chartered

Market Cap: UK£45.7b

Provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas.

GigaDevice Semiconductor

Market Cap: CN¥410.2b

Engages in the research, development, technical support, and sale of memory, microcontrollers, sensors, and analog chips.

Crédit Agricole

Market Cap: €53.1b

Provides retail and corporate banking, insurance, and investment banking products and services in France, Italy, rest of the European Union, rest of Europe, North America, Central and South America, Africa, the Middle East, the Asia Pacific, and Japan.

Saudi National Bank

Market Cap: ر.س223.9b

Through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally.

Nongfu Spring

Market Cap: HK$466.1b

Produces and sells packaged drinking water and beverage products primarily in Mainland China.

Alimentation Couche-Tard

Market Cap: CA$83.7b

Operates and licenses convenience stores in North America, Europe, and Asia.

Cencora

Market Cap: US$59.0b

Cencora, Inc. sources and distributes pharmaceutical products in the United States and internationally.

United Microelectronics

Market Cap: NT$1.9t

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

MetLife

Market Cap: US$59.0b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

Great-West Lifeco

Market Cap: CA$82.6b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

MetaX Integrated Circuits (Shanghai)

Market Cap: CN¥390.1b

MetaX Integrated Circuits (Shanghai) Co., Ltd.

Saudi Telecom

Market Cap: ر.س215.8b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

China CITIC Bank

Market Cap: CN¥389.3b

Provides various banking products and services in the People’s Republic of China and internationally.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥388.2b

Advanced Micro-Fabrication Equipment Inc.

Life Insurance Corporation of India

Market Cap: ₹5.5t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

E.ON

Market Cap: €49.9b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

United Overseas Bank

Market Cap: S$73.3b

Provides banking products and services worldwide.

Teradyne

Market Cap: US$56.3b

Engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.

Singapore Telecommunications

Market Cap: S$72.5b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally.

Cardinal Health

Market Cap: US$55.2b

Operates as a healthcare services and products company in the United States and internationally.

KBC Group

Market Cap: €47.8b

Provides banking, insurance, and asset management services in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

Industrial Bank

Market Cap: CN¥369.3b

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

Fubon Financial Holding

Market Cap: NT$1.8t

Provides various financial products and services in Taiwan, Asia, and internationally.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ197.3b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.

Vistra

Market Cap: US$53.6b

Operates as an integrated retail electricity and power generation company in the United States.

Edwards Lifesciences

Market Cap: US$53.1b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

HOYA

Market Cap: JP¥8.6t

A med-tech company, provides high-tech and medical products in the Japan, Asia, the Americas, Europe, and internationally.

Entergy

Market Cap: US$52.7b

Engages in the production and retail distribution of electricity in the United States.

Danone

Market Cap: €46.2b

Operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States.

Loblaw Companies

Market Cap: CA$74.3b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.

Fifth Third Bancorp

Market Cap: US$51.7b

Operates as the bank holding company for Fifth Third Bank, National Association that provides a range of financial products and services in the United States.

SJ Semiconductor

Market Cap: CN¥350.2b

Operates as an integrated circuit wafer-level advanced packaging and testing company in China and internationally.

Erste Group Bank

Market Cap: €45.1b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.

Emirates NBD Bank PJSC

Market Cap: د.إ188.5b

Engages in the provision of corporate, institutional, retail, treasury, and Islamic banking services.

Holcim

Market Cap: CHF 41.0b

Provides building materials and solutions in Europe, Latin America, and Asia, Middle East, and Africa.