Swiss Materials Defensive Blue Chips

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫310.5t

Provides various banking products and services in Vietnam and internationally.

Bank of Chengdu

Market Cap: CN¥79.8b

Provides various banking products and services in China.

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Cooper Companies

Market Cap: US$11.8b

Develops, manufactures, and markets contact lens wearers.

Fresenius Medical Care

Market Cap: €10.1b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

MTN Nigeria Communications

Market Cap: ₦16.0t

Provides broadband fixed wireless access, telecommunication, and mobile financial services to consumer, commercial, and institutional customers in Nigeria.

Globe Life

Market Cap: US$11.7b

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

HKT Trust and HKT

Market Cap: HK$91.6b

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.

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.

Far EasTone Telecommunications

Market Cap: NT$367.9b

Provides mobile telecommunications services in Taiwan and internationally.

Aier Eye Hospital Group

Market Cap: CN¥79.0b

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

Great Eastern Holdings

Market Cap: S$15.0b

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

Harel Insurance Investments & Financial Services

Market Cap: ₪33.8b

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

Absa Group

Market Cap: R189.7b

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

China Zheshang Bank

Market Cap: HK$91.1b

Provides corporate and retail banking services in Mainland China.

Kinsus Interconnect Technology

Market Cap: NT$364.6b

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

Align Technology

Market Cap: US$11.6b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Huadian Energy

Market Cap: CN¥78.4b

Engages in the generation and sale of electric power in China.

GAIL (India)

Market Cap: ₹1.1t

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

Brown-Forman

Market Cap: US$11.5b

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

Centrica

Market Cap: UK£8.5b

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

Quebecor

Market Cap: CA$15.9b

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

BJ's Wholesale Club Holdings

Market Cap: US$11.4b

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

Yokohama Financial Group

Market Cap: JP¥1.8t

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

Oklo

Market Cap: US$11.3b

Develops fission power plants to provide energy at scale to customers in the United States.

CNA Financial

Market Cap: US$11.3b

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

Fervo Energy

Market Cap: US$11.3b

Operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities.

Alchip Technologies

Market Cap: NT$353.9b

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.

First Horizon

Market Cap: US$11.2b

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

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.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥75.9b

Engages in the clean energy business in China.

Tanganda Tea

Market Cap: US$1.4b

Engages in the production, package, and distribution of tea and coffee products in Zimbabwe.

Taiwan Mobile

Market Cap: NT$351.6b

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

Marico

Market Cap: ₹1.1t

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

Ambuja Cements

Market Cap: ₹1.1t

Manufactures, markets, and sells cement and related products to individual home builders, developers, institutional clients, masons, contractors, architects, and construction professionals in India.

Mowi

Market Cap: NOK 103.2b

A seafood company, produces and sells Atlantic salmon products worldwide.