Swiss Materials Defensive Blue Chips

MACOM Technology Solutions Holdings

Market Cap: US$27.0b

Provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum.

BT Group

Market Cap: UK£20.0b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

China Everbright Bank

Market Cap: CN¥179.8b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

George Weston

Market Cap: CA$36.6b

Provides food and drug retailing, and financial services in Canada.

BE Semiconductor Industries

Market Cap: €22.7b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

EnBW Energie Baden-Württemberg

Market Cap: €22.4b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

Telefónica

Market Cap: €22.4b

Provides telecommunications services in Europe and Latin America.

PPL

Market Cap: US$26.0b

Provides electricity and natural gas to approximately 3.6 million customers in the United States.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥174.9b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Technoprobe

Market Cap: €22.2b

Produces and sells electronic circuits in Italy, Asia, the United States, and rest of Europe.

Yuanjie Semiconductor Technology

Market Cap: CN¥174.4b

Yuanjie Semiconductor Technology Co., Ltd.

Citizens Financial Group

Market Cap: US$25.7b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

Piotech

Market Cap: CN¥173.2b

Engages in the research and development, production, sales, and technical services of semiconductor equipment in China.

Winbond Electronics

Market Cap: NT$798.8b

Engages in the research, development, production and sales of integrated circuits, various semiconductor components and other system products.

Bunge Global

Market Cap: US$25.2b

Operates as an agribusiness and food company worldwide.

W. R. Berkley

Market Cap: US$25.1b

An insurance holding company, operates as a commercial line writer worldwide.

AIB Group

Market Cap: €21.5b

Provides banking and financial products and services to personal, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

BNP Paribas Fortis

Market Cap: €21.5b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥169.0b

Inner Mongolia Yili Industrial Group Co., Ltd.

Sumitomo Mitsui Trust Group

Market Cap: JP¥4.0t

Operates as a trust bank in Japan and internationally.

Helvetia Baloise Holding

Market Cap: CHF 19.6b

Engages in life and non-life insurance, and reinsurance business.

National Bank of KuwaitK.P

Market Cap: د.ك7.6b

Provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Aviva

Market Cap: UK£18.3b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, India, and China.

Bank Rakyat Indonesia (Persero)

Market Cap: Rp436.7t

Provides various banking products and services in Indonesia and internationally.

Koninklijke Philips

Market Cap: €20.9b

Operates as a health technology company in North America, the Greater China, and internationally.

Willis Towers Watson

Market Cap: US$24.3b

Operates as an advisory, broking, and solutions company worldwide.

Cincinnati Financial

Market Cap: US$24.3b

Provides property casualty insurance products in the United States.

MTN Group

Market Cap: R394.4b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Dollar General

Market Cap: US$24.2b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

New China Life Insurance

Market Cap: CN¥163.4b

Provides life insurance products and services to individuals and institutions in China.

Snam

Market Cap: €20.6b

Engages in the operation of natural gas transport and storage infrastructure.

Fresenius SE KGaA

Market Cap: €20.5b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

Sigma Healthcare

Market Cap: AU$33.2b

Operates as a retail pharmacy franchisor and pharmaceutical wholesale and distributor to community pharmacies primarily in Australia.

CLP Holdings

Market Cap: HK$186.2b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

QBE Insurance Group

Market Cap: AU$33.0b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

American Water Works Company

Market Cap: US$23.7b

Through its subsidiaries, provides water and wastewater services in the United States.