Egyptian Consumer Services Defensive Blue Chips

ASPEED Technology

Market Cap: NT$549.1b

Operates as a fabless integrated circuit (IC) design company in Taiwan, China, the United States, and internationally.

National Bank of Greece

Market Cap: €14.7b

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

Skyverse Technology

Market Cap: CN¥113.8b

Manufactures and sells quality control equipment to enterprises involved in the front-end integrated circuit processes and packaging in China and internationally.

Kansai Electric Power Company

Market Cap: JP¥2.7t

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

Woori Financial Group

Market Cap: ₩23.9t

Operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally.

Hippo Valley Estates

Market Cap: US$2.1b

Together with its subsidiary, Chiredzi Township (Private) Limited, engages in the growing and milling of sugar cane in Zimbabwe and internationally.

Bank Polska Kasa Opieki

Market Cap: zł62.3b

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

Hua Xia Bank

Market Cap: CN¥111.9b

Provides commercial banking services in China and Hong Kong.

Winbond Electronics

Market Cap: NT$533.3b

Engages in the research, development, production and sales of integrated circuits, various semiconductor components and other system products.

FinecoBank Banca Fineco

Market Cap: €14.3b

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

ASR Nederland

Market Cap: €14.3b

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

Mora Telematika Indonesia

Market Cap: Rp297.4t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.

Bank of Beijing

Market Cap: CN¥110.2b

Provides various banking services to individuals and corporates in China.

Sonova Holding

Market Cap: CHF 13.2b

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.

OmniVision Integrated Circuits Group

Market Cap: CN¥109.8b

Engages in the design, development, and sale of integrated circuits and computer software and hardware in China and internationally.

Powszechny Zaklad Ubezpieczen

Market Cap: zł60.5b

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

Bankinter

Market Cap: €14.0b

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

Power Assets Holdings

Market Cap: HK$125.9b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Canada, mainland China, Netherlands, New Zealand, Thailand, the United States, and internationally.

Elia Group

Market Cap: €14.0b

Develops and operates as a transmission system operator in Belgium and Germany.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Banco Santander-Chile

Market Cap: CL$14.9t

Provides commercial and retail banking products and services in Chile.

JD Health International

Market Cap: HK$125.3b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

Varun Beverages

Market Cap: ₹1.5t

Manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana.

Reinsurance Group of America

Market Cap: US$15.9b

Provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

Pinnacle Financial Partners

Market Cap: US$15.8b

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.

Great Eastern Holdings

Market Cap: S$20.4b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

Everest Group

Market Cap: US$15.8b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Asahi Group Holdings

Market Cap: JP¥2.6t

Engages in the manufacture and sale of beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

First Financial Holding

Market Cap: NT$510.5b

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

BB Seguridade Participações

Market Cap: R$79.4b

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

ageas

Market Cap: €13.5b

Engages in insurance business.

Admiral Group

Market Cap: UK£11.6b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, and Spain.

Mapfre

Market Cap: €13.4b

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

DaVita

Market Cap: US$15.4b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Kerry Group

Market Cap: €13.4b

Provides taste and nutrition solutions.

BIWIN Storage Technology

Market Cap: CN¥103.7b

Engages in the research and development, design, packaging, testing, production, and sales of semiconductor memory.