Colombian Software Defensive Blue Chips

bioMérieux

Market Cap: €11.0b

Develops, manufactures, and markets in vitro diagnostic solutions for infectious diseases in France, Europe, Africa, the Middle East, North and South America, the Asia Pacific, and internationally.

Hong Leong Bank Berhad

Market Cap: RM 50.6b

Operates as a financial services company in Malaysia and internationally.

Carrefour

Market Cap: €10.9b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

SinoPac Financial Holdings

Market Cap: NT$407.9b

Through its subsidiaries, provides banking, securities, investment, leasing, and venture capital services worldwide.

Italgas

Market Cap: €10.9b

Engages in the distribution of natural gas in Italy, Greece, and Other European Union countries.

Guangdong Haid Group

Market Cap: CN¥89.4b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Piotech

Market Cap: CN¥89.1b

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

TIM

Market Cap: R$67.0b

Engages in the telecommunications sector in Brazil.

BDO Unibank

Market Cap: ₱744.2b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Alibaba Health Information Technology

Market Cap: HK$99.9b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

Piraeus Bank

Market Cap: €10.8b

Provides various banking products and services in Greece.

mBank

Market Cap: zł45.2b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

Zimre Holdings

Market Cap: US$1.6b

Provides insurance, reinsurance, reassurance, and property management and development services in Zimbabwe, Botswana, Malawi, Mozambique, and Zambia.

ACM Research (Shanghai)

Market Cap: CN¥87.5b

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

Mowi

Market Cap: NOK 120.3b

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

Ooredoo Q.P.S.C

Market Cap: ر.ق45.8b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Banque Saudi Fransi

Market Cap: ر.س47.0b

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

Tata Consumer Products

Market Cap: ₹1.1t

Produces, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

Yokohama Financial Group

Market Cap: JP¥1.9t

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

Suzhou Maxwell Technologies

Market Cap: CN¥86.4b

Engages in the design, research and development, production, and sale of solar cell production equipment in China.

Saputo

Market Cap: CA$17.0b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, Argentina, and the United Kingdom.

KT&G

Market Cap: ₩17.9t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

Banque Cantonale Vaudoise

Market Cap: CHF 9.5b

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

Phison Electronics

Market Cap: NT$386.0b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Ensign Group

Market Cap: US$12.2b

Provides skilled nursing, senior living, and rehabilitative services.

King Yuan Electronics

Market Cap: NT$383.3b

Engages in the designing, manufacturing, selling, testing, and assembly service of integrated circuits.

BAWAG Group

Market Cap: €10.3b

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

Suncorp Group

Market Cap: AU$17.1b

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

First Horizon

Market Cap: US$12.1b

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

JCET Group

Market Cap: CN¥83.4b

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

Japan Post Insurance

Market Cap: JP¥1.8t

Provides life insurance products and services in Japan.

Acciona

Market Cap: €10.1b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

GD Power DevelopmentLtd

Market Cap: CN¥83.1b

Operates as a power generation company in China.

China Resources Microelectronics

Market Cap: CN¥82.6b

Engages in the manufacture and sale of semiconductors in China and internationally.

Shanghai Rural Commercial Bank

Market Cap: CN¥82.6b

Engages in commercial banking business in China.

Apollo Hospitals Enterprise

Market Cap: ₹1.1t

Provides healthcare services in India.