Bermudian Telecom Defensive Blue Chips

Molson Coors Beverage

Market Cap: US$11.5b

Manufactures, markets, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Shanghai Rural Commercial Bank

Market Cap: CN¥82.7b

Provides a range of banking products and services to individual and corporate customers in China.

Canara Bank

Market Cap: ₹977.5b

Provides various banking products and services in India and internationally.

Bankinter

Market Cap: €10.2b

Provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain.

Taiwan Mobile

Market Cap: NT$344.8b

Provides wireless communication services in Taiwan, Republic of China, and internationally.

GD Power DevelopmentLtd

Market Cap: CN¥82.0b

Operates as a power generation company in China.

China Zheshang Bank

Market Cap: HK$88.7b

Provides various commercial banking products and services in Mainland China.

Banca Monte dei Paschi di Siena

Market Cap: €10.2b

Engages in the provision of retail and commercial banking services in Italy.

Giga Device Semiconductor

Market Cap: CN¥81.2b

A fabless company, provides engages in the research and development, technical support, and sales of memories, microcontrollers, and sensors.

Cochlear

Market Cap: AU$17.6b

Provides implantable hearing solutions for children and adults worldwide.

Bangkok Dusit Medical Services

Market Cap: ฿373.5b

Operates hospitals in Thailand and internationally.

HKT Trust and HKT

Market Cap: HK$87.2b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Infrastrutture Wireless Italiane

Market Cap: €10.0b

Operates in the electronic communications infrastructure sector in Italy.

Redeia Corporación

Market Cap: €9.9b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

Ooredoo Q.P.S.C

Market Cap: ر.ق40.4b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

China Resources Beer (Holdings)

Market Cap: HK$86.6b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Samsung Fire & Marine Insurance

Market Cap: ₩15.5t

Engages in the provision of non-life insurance products and services in Korea, China, the United States, Indonesia, Vietnam, Singapore, and the United Kingdom.

Enel Américas

Market Cap: CL$10.5t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Chongqing Rural Commercial Bank

Market Cap: HK$86.0b

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

Skyworks Solutions

Market Cap: US$11.0b

Designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ40.3b

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

Aegon

Market Cap: €9.8b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

DaVita

Market Cap: US$11.0b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Anhui Gujing Distillery

Market Cap: CN¥79.1b

Engages in the production and sale of distilled wine in the People’s Republic of China and internationally.

Conagra Brands

Market Cap: US$11.0b

Operates as a consumer packaged goods food company primarily in the United States.

Marico

Market Cap: ₹938.9b

Manufactures and sells consumer products in India.

WH Group

Market Cap: HK$85.7b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Bunge Global

Market Cap: US$11.0b

Operates as an agribusiness and food company worldwide.

Grupo Cibest

Market Cap: Col$45.5t

Bancolombia S.A., together with its subsidiaries, provides banking products and services in Colombia and internationally.

Penumbra

Market Cap: US$10.9b

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

Celcomdigi Berhad

Market Cap: RM 46.6b

An investment holding company, provides mobile communication services and related products in Malaysia.

Samsung Life Insurance

Market Cap: ₩15.1t

Engages in the life insurance business in South Korea and internationally.

Bank Albilad

Market Cap: ر.س40.6b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Kinsale Capital Group

Market Cap: US$10.8b

Engages in the provision of property and casualty insurance products in the United States.

Alibaba Health Information Technology

Market Cap: HK$84.4b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

IDBI Bank

Market Cap: ₹924.7b

Engages in the provision of banking and financial solutions to retail and corporate clients in India.