Colombian Utilities Defensive Blue Chips

Hua Nan Financial Holdings

Market Cap: NT$406.4b

Engages in the banking, securities, insurance, venture capital and asset management activities in Taiwan and internationally.

SCB X

Market Cap: ฿427.6b

Engages banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

Grupo Cibest

Market Cap: Col$52.9t

Provides banking products and services in Colombia and internationally.

Alibaba Health Information Technology

Market Cap: HK$103.0b

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.

National Bank of Greece

Market Cap: €11.3b

Provides financial products and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom.

JBS

Market Cap: US$13.1b

Operates as a protein and food company worldwide.

Helvetia Holding

Market Cap: CHF 10.5b

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

FinecoBank Banca Fineco

Market Cap: €11.2b

Provides banking, credit, trading and investment services in Italy.

Mashreqbank PSC

Market Cap: د.إ47.9b

Provides various banking and financial services to individuals and corporates.

NMBZ Holdings

Market Cap: US$1.7b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

Woori Financial Group

Market Cap: ₩18.2t

Operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

Bank Polska Kasa Opieki

Market Cap: zł47.5b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

ageas

Market Cap: €11.2b

Engages in insurance business.

BJ's Wholesale Club Holdings

Market Cap: US$13.0b

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

Cooper Companies

Market Cap: US$13.0b

Develops, manufactures, and markets contact lens wearers.

CP ALL

Market Cap: ฿419.9b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

Ørsted

Market Cap: DKK 83.1b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.

T&D Holdings

Market Cap: JP¥1.9t

Through its subsidiaries, provides insurance products and services primarily in Japan.

Reinsurance Group of America

Market Cap: US$12.9b

Provides reinsurance and financial solutions.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

Etihad Etisalat

Market Cap: ر.س48.1b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Almarai

Market Cap: ر.س48.0b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Fisher & Paykel Healthcare

Market Cap: NZ$21.6b

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

S.P.E.E.H. Hidroelectrica

Market Cap: RON 55.1b

Produces and supplies hydro, wind, and energy electricity in Romania.

Cochlear

Market Cap: AU$19.4b

Provides implantable hearing solutions for children and adults worldwide.

Hua Hong Semiconductor

Market Cap: HK$98.5b

An investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, Europe, and Japan.

Apollo Hospitals Enterprise

Market Cap: ₹1.1t

Provides healthcare services in India.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ46.2b

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

Banco Comercial Português

Market Cap: €10.8b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

Doximity

Market Cap: US$12.5b

Operates as a digital platform for medical professionals in the United States.

Kasikornbank

Market Cap: ฿404.0b

Provides commercial banking products and services in Thailand and internationally.

Encompass Health

Market Cap: US$12.5b

Provides post-acute healthcare services in the United States and Puerto Rico.

Baxter International

Market Cap: US$12.4b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Tata Consumer Products

Market Cap: ₹1.1t

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

Dino Polska

Market Cap: zł45.3b

Operates a network of mid-sized grocery supermarkets under the Dino brand name in Poland.

BDO Unibank

Market Cap: ₱709.3b

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