Canadian Telecom Defensive Blue Chips

Huaneng Power International

Market Cap: HK$110.1b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China, the Islamic Republic of Pakistan, and internationally.

Shenzhen Techwinsemi Technology

Market Cap: CN¥94.2b

Develops, manufactures, and sells storage control chips and modules in China and internationally.

Punjab National Bank

Market Cap: ₹1.3t

Provides various banking and financial products and services in India and internationally.

LONGi Green Energy Technology

Market Cap: CN¥93.9b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥93.8b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

Everest Group

Market Cap: US$14.0b

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

Nexchip Semiconductor

Market Cap: CN¥93.4b

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

Unum Group

Market Cap: US$13.9b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Chubu Electric Power Company

Market Cap: JP¥2.2t

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

Uni-President Enterprises

Market Cap: NT$440.4b

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

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

Market Cap: ر.ق50.3b

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

Baxter International

Market Cap: US$13.8b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Suncorp Group

Market Cap: AU$19.2b

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

Assurant

Market Cap: US$13.7b

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

Erie Indemnity

Market Cap: US$13.7b

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

Banque Saudi Fransi

Market Cap: ر.س51.4b

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

BB Seguridade Participações

Market Cap: R$71.0b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Israel Discount Bank

Market Cap: ₪41.0b

Provides various banking and financial services in Israel, Europe, and North America.

Metro

Market Cap: CA$18.7b

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

Britannia Industries

Market Cap: ₹1.3t

Engages in manufacturing, trading, and sale of various food products in India and internationally.

CNA Financial

Market Cap: US$13.5b

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

Wens Foodstuff Group

Market Cap: CN¥90.4b

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

Hormel Foods

Market Cap: US$13.4b

Develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally.

WH Group

Market Cap: HK$105.3b

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

Kinsus Interconnect Technology

Market Cap: NT$427.3b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Bank of Baroda

Market Cap: ₹1.3t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Osaka Gas

Market Cap: JP¥2.1t

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

Yokohama Financial Group

Market Cap: JP¥2.1t

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

RenaissanceRe Holdings

Market Cap: US$13.2b

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

Globe Life

Market Cap: US$13.2b

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

Brown-Forman

Market Cap: US$13.2b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

Anhui Conch Cement

Market Cap: CN¥88.3b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

J. M. Smucker

Market Cap: US$13.1b

Manufactures and markets branded food and beverage products worldwide.

Insurance Australia Group

Market Cap: AU$18.3b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Etihad Etisalat

Market Cap: ر.س49.2b

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

Shanghai Iluvatar CoreX Semiconductor

Market Cap: HK$102.7b

Shanghai Iluvatar CoreX Semiconductor Co., Ltd.