German Telecom Defensive Blue Chips

Asahi Group Holdings

Market Cap: JP¥2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

African Distillers

Market Cap: US$1.8b

Manufactures, distributes, and markets wines, spirits, ready-to-drink (RTDs), and ciders in Zimbabwe.

Brookfield Wealth Solutions

Market Cap: US$14.3b

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

Mashreqbank PSC

Market Cap: د.إ52.0b

Provides various banking and financial services to individuals and corporates.

James Hardie Industries

Market Cap: AU$20.3b

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

Grupo Financiero Inbursa. de

Market Cap: Mex$247.5b

Provides various financial products and services to individuals and businesses in Mexico.

Unum Group

Market Cap: US$14.0b

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

Kirin Holdings Company

Market Cap: JP¥2.3t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

HANMI Semiconductor

Market Cap: ₩21.1t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Phoenix Financial

Market Cap: ₪42.1b

Operates as a financial services company in Israel.

Gjensidige Forsikring

Market Cap: NOK 136.0b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Dairibord Holdings

Market Cap: US$1.8b

Manufactures, processes, markets, and distributes milk, food, and beverage products in Zimbabwe.

CNA Financial

Market Cap: US$13.9b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

Uni-President Enterprises

Market Cap: NT$445.5b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

McCormick

Market Cap: US$13.9b

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

Suncorp Group

Market Cap: AU$19.9b

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

Konfoong Materials International

Market Cap: CN¥93.6b

Konfoong Materials International Co., Ltd.

Coloplast

Market Cap: DKK 90.2b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Assurant

Market Cap: US$13.8b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Tryg

Market Cap: DKK 89.9b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Globe Life

Market Cap: US$13.7b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

RenaissanceRe Holdings

Market Cap: US$13.7b

Provides reinsurance and insurance products in the United States and internationally.

Fisher & Paykel Healthcare

Market Cap: NZ$23.6b

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

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

Market Cap: ر.ق49.6b

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

Bank of Baroda

Market Cap: ₹1.3t

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

Metro

Market Cap: CA$19.3b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Cooper Companies

Market Cap: US$13.6b

Develops, manufactures, and markets contact lens wearers.

Britannia Industries

Market Cap: ₹1.3t

Manufactures and sells various food products in India and internationally.

Hormel Foods

Market Cap: US$13.5b

Develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally.

LONGi Green Energy Technology

Market Cap: CN¥91.5b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

Realtek Semiconductor

Market Cap: NT$433.0b

Engages in the research, development, production, and sale of various integrated circuits and related application software in Taiwan, Asia, and internationally.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp245.2t

Provides information and communications technology, and telecommunications network services worldwide.

ROHM

Market Cap: JP¥2.2t

Manufactures and sells electronic components worldwide.

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

United Utilities Group

Market Cap: UK£9.9b

Provides water and wastewater services in the United Kingdom.

Insurance Australia Group

Market Cap: AU$19.1b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.