German Consumer Services Defensive Blue Chips

Bank of Beijing

Market Cap: CN¥105.5b

Provides various banking services to individuals and corporates in China.

ING Bank Slaski

Market Cap: zł58.3b

Provides various banking products and services for retail clients and businesses in Poland.

ASR Nederland

Market Cap: €13.5b

Provides insurance, pensions, and mortgages products and services for consumers, businesses, and employers in the Netherlands.

Bank of Baroda

Market Cap: ₹1.4t

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

SDIC Power Holdings

Market Cap: CN¥104.0b

Engages in the electricity generation business in China.

Huaneng Power International

Market Cap: HK$119.8b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China, the Islamic Republic of Pakistan, and internationally.

Krung Thai Bank

Market Cap: ฿510.1b

Engages in commercial banking business in Thailand and internationally.

Semtech

Market Cap: US$15.2b

Provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.

Powszechny Zaklad Ubezpieczen

Market Cap: zł56.9b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Sanan OptoelectronicsLtd

Market Cap: CN¥102.0b

Engages in the research, development, production, and sale of compound semiconductor materials and devices in China and internationally.

Banco Santander-Chile

Market Cap: CL$13.8t

Provides commercial and retail banking products and services in Chile.

Kasikornbank

Market Cap: ฿498.4b

Provides commercial banking products and services in Thailand and internationally.

ageas

Market Cap: €13.1b

Engages in insurance business.

Mapfre

Market Cap: €13.1b

Engages in insurance, reinsurance, and financial activities in Spain.

BAWAG Group

Market Cap: €13.1b

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

First Financial Holding

Market Cap: NT$472.4b

Provides various financial products and services in Asia, North America, Oceania, and Europe.

Bankinter

Market Cap: €13.0b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

Attijariwafa bank

Market Cap: د.م138.9b

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

James Hardie Industries

Market Cap: AU$21.4b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ54.1b

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

Kokusai Electric

Market Cap: JP¥2.4t

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

Kerry Group

Market Cap: €12.9b

Provides taste and nutrition solutions.

Unum Group

Market Cap: US$14.6b

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

Pinnacle Financial Partners

Market Cap: US$14.6b

Operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States.

SCB X

Market Cap: ฿483.2b

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

BB Seguridade Participações

Market Cap: R$75.1b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Rede D'Or São Luiz

Market Cap: R$75.0b

Engages in the provision of hospital services in Brazil.

Brookfield Wealth Solutions

Market Cap: US$14.3b

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

Banco de Crédito e Inversiones

Market Cap: CL$13.1t

Provides various banking products and services in Chile, the United States, and Peru.

Phoenix Financial

Market Cap: ₪42.3b

Operates as a financial services company in Israel.

Sonova Holding

Market Cap: CHF 11.5b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Chubu Electric Power Company

Market Cap: JP¥2.3t

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

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

Market Cap: ر.ق51.5b

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

Mashreqbank PSC

Market Cap: د.إ51.9b

Provides various banking and financial services to individuals and corporates.

Union Bank of India

Market Cap: ₹1.3t

Provides banking products and services in India.

BrightSpring Health Services

Market Cap: US$14.1b

Operates as a home and community-based healthcare services platform in the United States.