Chilean Software Defensive Blue Chips

Helvetia Baloise Holding

Market Cap: CHF 10.4b

Engages in life and non-life insurance, and reinsurance business in Switzerland, Germany, Austria, Spain, Italy, France, and internationally.

Hong Leong Bank Berhad

Market Cap: RM 52.9b

Operates as a financial services company in Malaysia and internationally.

Indian Bank

Market Cap: ₹1.2t

Provides various banking products and services.

James Hardie Industries

Market Cap: AU$19.2b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Brookfield Renewable

Market Cap: US$13.3b

Owns and operates a portfolio of renewable power and sustainable solution assets.

Vodafone Idea

Market Cap: ₹1.2t

Provides mobile telecommunication services in India.

First Financial Holding

Market Cap: NT$414.1b

Through its subsidiaries, provides various financial products and services in Taiwan, Asia, America, Europe, Oceania, and internationally.

Olympus

Market Cap: JP¥2.0t

Manufactures and sells medical equipment in Japan, America, the Middle East, Asia, and Oceania.

Absa Group

Market Cap: R211.2b

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

Sanlam

Market Cap: R210.8b

Provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, Asia, and internationally.

Reinsurance Group of America

Market Cap: US$13.1b

Provides reinsurance and financial solutions.

Rambus

Market Cap: US$13.1b

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.

ACM Research (Shanghai)

Market Cap: CN¥90.7b

Engages in the research, development, production, and sale of semiconductor equipment in China.

RenaissanceRe Holdings

Market Cap: US$13.0b

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

Budweiser Brewing Company APAC

Market Cap: HK$101.8b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, and internationally.

CNA Financial

Market Cap: US$12.9b

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

Uni-President Enterprises

Market Cap: NT$407.4b

Produces and sells food products in Taiwan and internationally.

Jentech Precision Industrial

Market Cap: NT$405.9b

Manufactures, processes, and trades in precision tooling, and electronic parts and components in Taiwan and China.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥89.0b

Henan Shuanghui Investment & Development Co.,Ltd.

True Corporation

Market Cap: ฿400.8b

Provides telecommunications and value-added services in Thailand.

Indus Towers

Market Cap: ₹1.2t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

Unum Group

Market Cap: US$12.8b

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

Coca-Cola Consolidated

Market Cap: US$12.8b

Manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States.

Tele2

Market Cap: SEK 113.0b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

JCET Group

Market Cap: CN¥88.5b

Provides integrated-circuit manufacturing and technology services in China and internationally.

Suncorp Group

Market Cap: AU$18.3b

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

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ46.7b

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

Krung Thai Bank

Market Cap: ฿394.8b

Engages in commercial banking business in Thailand and internationally.

Kirin Holdings Company

Market Cap: JP¥1.9t

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

BIWIN Storage Technology

Market Cap: CN¥87.5b

Researches, develops, designs, packs, tests, produces, and sells semiconductor memory.

BAWAG Group

Market Cap: €10.6b

Operates as a holding company for BAWAG P.S.K.

Brown-Forman

Market Cap: US$12.5b

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

Universal Health Services

Market Cap: US$12.5b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Piraeus Bank

Market Cap: €10.5b

Provides various banking products and services in Greece.

Fresenius Medical Care

Market Cap: €10.5b

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