Czech Commercial Services Defensive Blue Chips

Hang Seng Bank

Market Cap: HK$284.1b

Provides various banking and related financial services to individual, corporate, commercial, and small and medium sized enterprise customers in Hong Kong, Mainland China, and internationally.

Bank Rakyat Indonesia (Persero)

Market Cap: Rp608.4t

Provides various banking products and services in Indonesia and internationally.

Fairfax Financial Holdings

Market Cap: CA$51.2b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, the Middle East, Asia, and internationally.

Disco

Market Cap: JP¥5.6t

Manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally.

Alcon

Market Cap: CHF 29.1b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

ResMed

Market Cap: US$36.0b

Develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the United States and internationally.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥256.4b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Telstra Group

Market Cap: AU$55.0b

Provides telecommunications and information services in Australia and internationally.

Prudential

Market Cap: UK£27.3b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

RWE

Market Cap: €30.9b

Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.

Sysco

Market Cap: US$35.6b

Through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally.

Consolidated Edison

Market Cap: US$35.1b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 28.3b

Engages in the manufacture and sale of chocolate products worldwide.

ASE Technology Holding

Market Cap: NT$1.1t

Provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally.

Hartford Insurance Group

Market Cap: US$34.6b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

Hershey

Market Cap: US$34.4b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

Swedbank

Market Cap: SEK 325.9b

Provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

Hannover Rück

Market Cap: €29.8b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

GE HealthCare Technologies

Market Cap: US$34.1b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Adani Power

Market Cap: ₹3.0t

Engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPAs), supplemental PPAs, medium and short term PPAs, and on merchant basis in India.

Sun Life Financial

Market Cap: CA$47.6b

A financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.

Microchip Technology

Market Cap: US$33.7b

Develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.

Humana

Market Cap: US$33.5b

Provides medical and specialty insurance products in the United States.

FBC Holdings

Market Cap: US$4.3b

Through its subsidiaries, provides commercial and wholesale banking, mortgage financing, micro lending, reinsurance, short-term insurance, and stockbroking services in Zimbabwe.

Intact Financial

Market Cap: CA$46.5b

Through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥235.6b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Chunghwa Telecom

Market Cap: NT$1.0t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

CEZ a. s

Market Cap: Kč695.2b

Engages in the generation, distribution, trade, and sale of electricity and heat in Western, Central, and Southeastern Europe.

Credo Technology Group Holding

Market Cap: US$32.5b

Provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

Grupo Nutresa S. A

Market Cap: Col$124.8t

Operates in the food industry in Colombia, Latin America, and internationally.

Invest bank P.S.C

Market Cap: د.إ118.4b

A commercial bank, provides a range of financial products and services to corporate and retail customers in the United Arab Emirates and Lebanon.

Fresenius SE KGaA

Market Cap: €27.8b

A health care company, provides products and services for chronically ill patients.

Imperial Brands

Market Cap: UK£24.3b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

ASM International

Market Cap: €27.5b

Engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia.

Arch Capital Group

Market Cap: US$31.6b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Talanx

Market Cap: €27.2b

Provides insurance and reinsurance products and services worldwide.