Cypriot Commercial Services Defensive Blue Chips

Bunge Global

Market Cap: US$18.9b

Operates as an agribusiness and food company worldwide.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫495.5t

Provides banking products and services in Vietnam.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ68.0b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Tenaga Nasional Berhad

Market Cap: RM 77.5b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

Principal Financial Group

Market Cap: US$18.5b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Tyson Foods

Market Cap: US$18.3b

Operates as a food company worldwide.

Talen Energy

Market Cap: US$18.3b

An independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States.

NN Group

Market Cap: €15.8b

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

MTN Group

Market Cap: R317.0b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Tenet Healthcare

Market Cap: US$18.1b

Operates as a diversified healthcare services company in the United States.

Varun Beverages

Market Cap: ₹1.6t

Manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands.

Coca-Cola FEMSA. de

Market Cap: US$18.1b

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

HDFC Life Insurance

Market Cap: ₹1.6t

Provides individual and group insurance solutions in India.

Pro Medicus

Market Cap: AU$27.3b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

Rede D'Or São Luiz

Market Cap: R$95.6b

Engages in the provision of hospital services in Brazil.

Banco de Chile

Market Cap: CL$16.7t

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

Banco de Crédito del Perú

Market Cap: S/59.9b

Provides banking products and services to individuals, small-sized companies, and corporate customers in Peru.

JDE Peet's

Market Cap: €15.3b

Operates as a coffee and tea company worldwide.

Saudi Awwal Bank

Market Cap: ر.س65.9b

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

Saudi Electricity

Market Cap: ر.س65.8b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Mizrahi Tefahot Bank

Market Cap: ₪57.1b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

IHH Healthcare Berhad

Market Cap: RM 73.2b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

Koninklijke KPN

Market Cap: €15.1b

Provides telecommunications and information technology (IT) services in the Netherlands.

Centene

Market Cap: US$17.4b

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

McCormick

Market Cap: US$17.2b

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

Alinma Bank

Market Cap: ر.س64.3b

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

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥121.8b

China Three Gorges Renewables (Group) Co.,Ltd.

Kansai Electric Power Company

Market Cap: JP¥2.6t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

Bank of Baroda

Market Cap: ₹1.5t

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

Wens Foodstuff Group

Market Cap: CN¥121.0b

Operates as an agricultural and animal husbandry company in China.

Attijariwafa bank

Market Cap: د.م157.2b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$90.1b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Bank of Beijing

Market Cap: CN¥119.7b

Provides various banking services to individuals and corporates in China.

Anhui Conch Cement

Market Cap: CN¥118.6b

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

Lasertec

Market Cap: JP¥2.6t

Engages in the designing, manufacturing, and sale of inspection and measurement equipment in Japan and internationally.

Coca-Cola HBC

Market Cap: UK£12.6b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.