Ivorian Software Defensive Blue Chips

Yihai Kerry Arawana Holdings

Market Cap: CN¥160.4b

Engages in the agriculture and food processing businesses in China.

AIB Group

Market Cap: €19.6b

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

China United Network Communications

Market Cap: CN¥158.8b

Provides telecommunication services in the People’s Republic of China.

Sigma Healthcare

Market Cap: AU$33.6b

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

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ83.2b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Public Bank Berhad

Market Cap: RM 91.5b

Provides banking products and services.

SBI Life Insurance

Market Cap: ₹2.1t

Operates as a private life insurance company in India.

Centene

Market Cap: US$22.5b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

Labcorp Holdings

Market Cap: US$22.5b

Provides laboratory services.

Pernod Ricard

Market Cap: €19.2b

Produces and sells wines and spirits worldwide.

Ajinomoto

Market Cap: JP¥3.5t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

Gulf Development

Market Cap: ฿694.7b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

Snam

Market Cap: €18.9b

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

Banco BPM

Market Cap: €18.8b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

CIMB Group Holdings Berhad

Market Cap: RM 88.7b

Provides various banking products and services in Malaysia and internationally.

Sumitomo Mitsui Trust Group

Market Cap: JP¥3.4t

Operates as a trust bank in Japan and internationally.

Riyad Bank

Market Cap: ر.س80.9b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Tyson Foods

Market Cap: US$21.5b

Operates as a food company worldwide.

Samsung Life Insurance

Market Cap: ₩31.4t

Engages in the life insurance business to corporate and individual customers in South Korea and internationally.

Telefónica

Market Cap: €18.2b

Provides telecommunications services in Europe and Latin America.

Bunge Global

Market Cap: US$21.3b

Operates as an agribusiness and food company worldwide.

Loews

Market Cap: US$21.1b

Through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp356.6t

Provides information and communications technology, and telecommunications network services worldwide.

Quest Diagnostics

Market Cap: US$21.0b

Provides diagnostic testing and services in the United States and internationally.

Terna

Market Cap: €17.9b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

Coca-Cola FEMSA. de

Market Cap: US$21.0b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Banco de Chile

Market Cap: CL$18.1t

Operates as a commercial bank that provides banking services in Chile.

Lasertec

Market Cap: JP¥3.3t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

Telefônica Brasil

Market Cap: R$109.1b

Operates as a mobile telecommunications company in Brazil.

Hon. Precision

Market Cap: NT$643.2b

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

CK Infrastructure Holdings

Market Cap: HK$156.7b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Terumo

Market Cap: JP¥3.2t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Telenor

Market Cap: NOK 200.1b

Operates as a telecommunication company worldwide.

Insulet

Market Cap: US$20.0b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

Fortum Oyj

Market Cap: €17.1b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

NN Group

Market Cap: €17.1b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.