Colombian Software Defensive Blue Chips

Mashreqbank PSC

Market Cap: د.إ51.6b

Provides various banking and financial services to individuals and corporates.

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

Market Cap: ر.ق51.0b

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

Brookfield Wealth Solutions

Market Cap: US$14.0b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Insurance Australia Group

Market Cap: AU$19.9b

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

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.

Chubu Electric Power Company

Market Cap: JP¥2.3t

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

Coloplast

Market Cap: DKK 90.9b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Unum Group

Market Cap: US$13.8b

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

Hormel Foods

Market Cap: US$13.8b

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

Cooper Companies

Market Cap: US$13.7b

Develops, manufactures, and markets contact lens wearers.

Rockchip Electronics

Market Cap: CN¥92.6b

Operates as a fabless IC design company focusing on Intelligent IoT in China.

WH Group

Market Cap: HK$107.1b

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

Uni-President Enterprises

Market Cap: NT$439.8b

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

Assurant

Market Cap: US$13.6b

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

Metro

Market Cap: CA$19.1b

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

United Utilities Group

Market Cap: UK£10.2b

Provides water and wastewater services in the United Kingdom.

Banque Saudi Fransi

Market Cap: ر.س50.7b

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

Union Bank of India

Market Cap: ₹1.3t

Provides banking products and services in India.

McCormick

Market Cap: US$13.5b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Wens Foodstuff Group

Market Cap: CN¥91.4b

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

Britannia Industries

Market Cap: ₹1.3t

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

Fisher & Paykel Healthcare

Market Cap: NZ$23.2b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Shenzhen Techwinsemi Technology

Market Cap: CN¥90.7b

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

Banque Cantonale Vaudoise

Market Cap: CHF 10.9b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Anhui Conch Cement

Market Cap: CN¥90.4b

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

Shanghai United Imaging Healthcare

Market Cap: CN¥90.0b

Shanghai United Imaging Healthcare Co., Ltd.

Globe Life

Market Cap: US$13.3b

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

Yokohama Financial Group

Market Cap: JP¥2.2t

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

Eastroc Beverage (Group)

Market Cap: CN¥89.6b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.

Bank of Baroda

Market Cap: ₹1.3t

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

RenaissanceRe Holdings

Market Cap: US$13.2b

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

Punjab National Bank

Market Cap: ₹1.3t

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

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

Piraeus Bank

Market Cap: €11.5b

Provides various banking products and services in Greece, Europe, and internationally.

Fidelity National Financial

Market Cap: US$13.1b

Provides various insurance products in the United States.

Fresenius Medical Care

Market Cap: €11.5b

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