Finnish Software Defensive Blue Chips

Anhui Conch Cement

Market Cap: CN¥126.9b

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

Bank of Ireland Group

Market Cap: €15.5b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Lasertec

Market Cap: JP¥2.8t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

JDE Peet's

Market Cap: €15.4b

Operates as a coffee and tea company worldwide.

CEMEX. de

Market Cap: Mex$311.5b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

Rede D'Or São Luiz

Market Cap: R$94.1b

Engages in the provision of hospital services in Brazil.

JBS

Market Cap: US$17.9b

Operates as a protein and food company worldwide.

Talen Energy

Market Cap: US$17.7b

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

Airtel Africa

Market Cap: UK£13.0b

Provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa.

E.SUN Financial Holding Company

Market Cap: NT$552.3b

Offers various financial banking products and services in Taiwan.

Santander Bank Polska

Market Cap: zł62.3b

Provides various banking products and services for individuals, small or medium-sized enterprises, corporate clients, and public sector institutions.

Wilmar International

Market Cap: S$22.1b

Operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally.

Eurobank

Market Cap: €14.8b

Provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ64.0b

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

Bank of Baroda

Market Cap: ₹1.6t

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

BE Semiconductor Industries

Market Cap: €14.7b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Uniper

Market Cap: €14.7b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

HDFC Life Insurance

Market Cap: ₹1.6t

Provides individual and group insurance solutions in India.

Insulet

Market Cap: US$17.3b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

Varun Beverages

Market Cap: ₹1.6t

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

Coloplast

Market Cap: DKK 109.1b

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

Elia Group

Market Cap: €14.6b

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

Bank of Hangzhou

Market Cap: CN¥117.7b

Provides various banking products and services for individuals, corporate, and small and micro businesses in China.

Power Assets Holdings

Market Cap: HK$132.7b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally.

Telecom Italia

Market Cap: €14.4b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥116.6b

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

Banco Santander-Chile

Market Cap: CL$14.5t

Provides commercial and retail banking products and services in Chile.

Bank Polska Kasa Opieki

Market Cap: zł59.9b

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

Hologic

Market Cap: US$16.8b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

Powszechny Zaklad Ubezpieczen

Market Cap: zł59.7b

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

Attijariwafa bank

Market Cap: د.م152.2b

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

Raiffeisen Bank International

Market Cap: €14.0b

Offers banking services to corporate, private, and institutional customers.

Unipol Assicurazioni

Market Cap: €14.0b

Provides insurance products and services primarily in Italy.

Bank of Beijing

Market Cap: CN¥114.4b

Provides various banking services to individuals and corporates in China.

Tokyo GasLtd

Market Cap: JP¥2.5t

Engages in the production, supply, and sale of city gas and LNG in Japan.

East West Bancorp

Market Cap: US$16.5b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.