Brazilian Diversified Financials Defensive Blue Chips

Hershey

Market Cap: US$37.0b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

Hartford Insurance Group

Market Cap: US$36.7b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

Hang Seng Bank

Market Cap: HK$286.0b

Provides various banking and related financial services to individual, corporate, commercial, and small and medium sized enterprise customers in Hong Kong, Mainland China, and internationally.

ResMed

Market Cap: US$36.7b

Develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the United States and internationally.

Telstra Group

Market Cap: AU$55.1b

Provides telecommunications and information services in Australia and internationally.

Prudential

Market Cap: UK£27.4b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Koninklijke Ahold Delhaize

Market Cap: €31.2b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Swedbank

Market Cap: SEK 340.8b

Provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

RWE

Market Cap: €30.8b

Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.

Swisscom

Market Cap: CHF 28.9b

Provides telecommunication services primarily in Switzerland, Italy, and internationally.

Intact Financial

Market Cap: CA$49.2b

Through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally.

Hannover Rück

Market Cap: €30.5b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Sysco

Market Cap: US$35.2b

Through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally.

Microchip Technology

Market Cap: US$35.0b

Develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.

Federal Home Loan Mortgage

Market Cap: US$35.0b

Operates in the secondary mortgage market in the United States.

China Unicom (Hong Kong)

Market Cap: HK$272.0b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

SSE

Market Cap: UK£26.1b

Engages in the generation, transmission, distribution, and supply of electricity.

Consolidated Edison

Market Cap: US$34.7b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥244.8b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Imperial Brands

Market Cap: UK£25.8b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

MS&AD Insurance Group Holdings

Market Cap: JP¥5.2t

An insurance holding company, engages in the provision of insurance and financial services worldwide.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 26.9b

Engages in the manufacture and sale of chocolate products worldwide.

Arch Capital Group

Market Cap: US$33.4b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

CEZ a. s

Market Cap: Kč689.8b

Engages in the generation, distribution, trade, and sale of electricity and heat in Western, Central, and Southeastern Europe.

Bank Leumi le-Israel B.M

Market Cap: ₪107.1b

Provides banking and financial services for households, small and medium enterprises, and corporations in Israel, the United Kingdom, and internationally.

Bank Rakyat Indonesia (Persero)

Market Cap: Rp549.6t

Provides various banking products and services in Indonesia and internationally.

Kioxia Holdings

Market Cap: JP¥5.1t

Engages in the development, production and sale of flash memory and solid state drives (SSDs) in Japan and internationally.

Credo Technology Group Holding

Market Cap: US$32.7b

Provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

Talanx

Market Cap: €27.9b

Provides insurance and reinsurance products and services worldwide.

Sun Life Financial

Market Cap: CA$44.9b

A financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.

NRG Energy

Market Cap: US$32.5b

Operates as an energy and home services company in the United States and Canada.

Seven & i Holdings

Market Cap: JP¥5.0t

Operates convenience stores, superstores, and department stores in Japan, North America, and internationally.

Invest bank P.S.C

Market Cap: د.إ118.4b

A commercial bank, provides a range of financial products and services to corporate and retail customers in the United Arab Emirates and Lebanon.

Chunghwa Telecom

Market Cap: NT$1.0t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

ASE Technology Holding

Market Cap: NT$1.0t

Provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally.

Cathay Financial Holding

Market Cap: NT$1.0t

Through its subsidiaries, provides various financial products and services in Taiwan, rest of Asia, and internationally.