Bermudian Telecom Defensive Blue Chips

Align Technology

Market Cap: US$13.0b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Coloplast

Market Cap: DKK 85.0b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Turkiye Garanti Bankasi

Market Cap: ₺604.8b

Provides various banking products and services in Turkey.

Banque Saudi Fransi

Market Cap: ر.س48.9b

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

Carrefour

Market Cap: €11.4b

Operates as a food retailer in France, Spain, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, Asia, and internationally.

Origin Energy

Market Cap: AU$18.6b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

Osaka Gas

Market Cap: JP¥2.1t

Provides gas, electricity, and other energy products and services in Japan and internationally.

Assurant

Market Cap: US$12.9b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Apollo Hospitals Enterprise

Market Cap: ₹1.2t

Provides healthcare services in India.

Cooper Companies

Market Cap: US$12.9b

Develops, manufactures, and markets contact lens wearers.

Fisher & Paykel Healthcare

Market Cap: NZ$22.4b

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

Tokyo GasLtd

Market Cap: JP¥2.1t

Engages in the production, supply, and sale of city gas and LNG in Japan.

RenaissanceRe Holdings

Market Cap: US$12.8b

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

United Utilities Group

Market Cap: UK£9.6b

Provides water and wastewater services in the United Kingdom.

Pro Medicus

Market Cap: AU$18.2b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

Etihad Etisalat

Market Cap: ر.س47.7b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Absa Group

Market Cap: R207.1b

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

Fresenius Medical Care

Market Cap: €11.1b

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

Shanghai United Imaging Healthcare

Market Cap: CN¥85.4b

Shanghai United Imaging Healthcare Co., Ltd.

Fidelity National Financial

Market Cap: US$12.6b

Provides various insurance products in the United States.

McCormick

Market Cap: US$12.5b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

SG Micro

Market Cap: CN¥84.9b

Engages in the development, manufacturing and sales of comprehensive analog and mixed-signal integrated-circuit (IC) solutions in Mainland China, Hong Kong, Taiwan, and internationally.

Eastroc Beverage (Group)

Market Cap: CN¥84.9b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.

Tele2

Market Cap: SEK 121.0b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

Smith & Nephew

Market Cap: UK£9.4b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Penumbra

Market Cap: US$12.5b

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

BUA Foods

Market Cap: ₦16.9t

Processes, manufactures, produces, and distributes food materials in Nigeria.

Banque Cantonale Vaudoise

Market Cap: CHF 10.0b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Jerónimo Martins SGPS

Market Cap: €10.8b

Operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally.

GAIL (India)

Market Cap: ₹1.2t

Operates as a natural gas processing and distribution company in India and internationally.

MTN Nigeria Communications

Market Cap: ₦16.8t

Provides broadband fixed wireless access, telecommunication, and mobile financial services to consumer, commercial, and institutional customers in Nigeria.

Far EasTone Telecommunications

Market Cap: NT$389.6b

Provides mobile telecommunications services in Taiwan and internationally.

Italgas

Market Cap: €10.8b

Engages in the distribution of natural gas in Italy, Greece, and Other European Union countries.

Wens Foodstuff Group

Market Cap: CN¥83.1b

Engages in the agricultural and animal husbandry businesses in China and internationally.

Webster Financial

Market Cap: US$12.3b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.