Botswanan Utilities Defensive Blue Chips

Grupo Financiero Inbursa. de

Market Cap: Mex$250.5b

Provides various financial products and services to individuals and businesses in Mexico.

Everest Group

Market Cap: US$14.3b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Banco de Crédito e Inversiones

Market Cap: CL$13.2t

Provides various banking products and services in Chile, the United States, and Peru.

Chubu Electric Power Company

Market Cap: JP¥2.3t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق51.6b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

T&D Holdings

Market Cap: JP¥2.3t

Through its subsidiaries, provides insurance products and services in Japan.

Sonova Holding

Market Cap: CHF 11.4b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

DaVita

Market Cap: US$14.1b

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

Suncorp Group

Market Cap: AU$20.4b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Reinsurance Group of America

Market Cap: US$14.1b

Provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ51.7b

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

Brookfield Wealth Solutions

Market Cap: US$14.0b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

McCormick

Market Cap: US$14.0b

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

Phoenix Financial

Market Cap: ₪41.6b

Operates as a financial services company in Israel.

SG Micro

Market Cap: CN¥94.8b

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.

Cooper Companies

Market Cap: US$13.9b

Develops, manufactures, and markets contact lens wearers.

Mashreqbank PSC

Market Cap: د.إ51.1b

Provides various banking and financial services to individuals and corporates.

Globe Life

Market Cap: US$13.9b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Asahi Group Holdings

Market Cap: JP¥2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Union Bank of India

Market Cap: ₹1.3t

Provides banking products and services in India.

Kirin Holdings Company

Market Cap: JP¥2.3t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

RenaissanceRe Holdings

Market Cap: US$13.8b

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

Shenyang Fortune Precision Equipment

Market Cap: CN¥93.4b

Shenyang Fortune Precision Equipment Co., Ltd.

Woori Financial Group

Market Cap: ₩21.2t

Operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally.

WH Group

Market Cap: HK$106.4b

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

Hangzhou Silan Microelectronics

Market Cap: CN¥92.1b

Engages in the research, design, development, production, and sale of electronic components in China.

Gjensidige Forsikring

Market Cap: NOK 133.9b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Metro

Market Cap: CA$19.1b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Rambus

Market Cap: US$13.4b

Manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally.

Hippo Valley Estates

Market Cap: US$1.7b

Together with its subsidiary, Chiredzi Township (Private) Limited, engages in the growing and milling of sugar cane in Zimbabwe and internationally.

JD Health International

Market Cap: HK$104.9b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

African Distillers

Market Cap: US$1.7b

Manufactures, distributes, and markets wines, spirits, ready-to-drink (RTDs), and ciders in Zimbabwe.

Tryg

Market Cap: DKK 86.9b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Assurant

Market Cap: US$13.3b

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

Uni-President Enterprises

Market Cap: NT$423.3b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

CNA Financial

Market Cap: US$13.2b

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