Botswanan Tech Defensive Blue Chips

Absa Group

Market Cap: R196.0b

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

Saputo

Market Cap: CA$16.5b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, and the United Kingdom.

Zhejiang Zheneng Electric Power

Market Cap: CN¥80.2b

Zhejiang Zheneng Electric Power Co., Ltd.

Olympus

Market Cap: JP¥1.9t

Engages in the manufacture and sale of medical equipment in Japan, America, the Middle East, Asia, and Oceania.

Taiwan Cooperative Financial Holding

Market Cap: NT$374.0b

Provides banking, insurance, securities, bills finance, investment trust, asset management, and capital management services in Taiwan.

Yokohama Financial Group

Market Cap: JP¥1.9t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

Webster Financial

Market Cap: US$11.7b

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.

CNA Financial

Market Cap: US$11.7b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

Erie Indemnity

Market Cap: US$11.7b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

BJ's Wholesale Club Holdings

Market Cap: US$11.7b

Operates membership warehouse clubs on the eastern half of the United States.

China Zheshang Bank

Market Cap: HK$91.4b

Provides corporate and retail banking services in Mainland China.

Great Eastern Holdings

Market Cap: S$14.9b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

Indus Towers

Market Cap: ₹1.1t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

Budweiser Brewing Company APAC

Market Cap: HK$90.8b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally.

Harel Insurance Investments & Financial Services

Market Cap: ₪34.3b

Offers insurance and financial services in Israel, Europe, and internationally.

GAIL (India)

Market Cap: ₹1.1t

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

First Horizon

Market Cap: US$11.5b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

Tata Consumer Products

Market Cap: ₹1.1t

Manufactures, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

HKT Trust and HKT

Market Cap: HK$89.6b

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.

Ingenic SemiconductorLtd

Market Cap: CN¥77.2b

Engages in the research and development, design, and sale of integrated circuit chip products in China and internationally.

Kokusai Electric

Market Cap: JP¥1.8t

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫299.6t

Provides various banking products and services in Vietnam and internationally.

Nexchip Semiconductor

Market Cap: CN¥76.9b

Engages in the research, development, production, and sale of integrated circuit-related products in China and internationally.

Skyworks Solutions

Market Cap: US$11.3b

Develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.

Aier Eye Hospital Group

Market Cap: CN¥76.7b

Operates as an ophthalmic medical company in China, Hong Kong, Europe, the United States, Europe, and Southeast Asia.

OPC Energy

Market Cap: ₪33.5b

Engages in the development, construction, operation, generation, and supply of electricity and energy in Israel.

King Yuan Electronics

Market Cap: NT$355.8b

Designs, manufactures, sells, tests, and assembles integrated circuits.

Discovery

Market Cap: R185.7b

Provides various insurance products and services primarily in South Africa and the United Kingdom.

iA Financial

Market Cap: CA$15.7b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Arab National Bank

Market Cap: ر.س42.1b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Taiwan Mobile

Market Cap: NT$354.6b

Provides telecommunications, broadband, retail, digital, and financial services in Taiwan and internationally.

Centrica

Market Cap: UK£8.4b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Chongqing Rural Commercial Bank

Market Cap: HK$87.4b

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

Marico

Market Cap: ₹1.1t

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Alchip Technologies

Market Cap: NT$346.5b

Engages in the research, design, development, and manufacturing of application specific integrated circuits and system on a chip in the United States, China, Japan, Taiwan, and internationally.

Quebecor

Market Cap: CA$15.2b

Engages in the telecommunications, media, and sports and entertainment businesses in Canada.