Finnish Software Defensive Blue Chips

Marico

Market Cap: ₹1.1t

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Harel Insurance Investments & Financial Services

Market Cap: ₪34.3b

Offers insurance and financial services in Israel, Europe, and internationally.

Sanlam

Market Cap: R185.4b

Provides various financial services in South Africa, Pan-Africa, Asia, and internationally.

Absa Group

Market Cap: R184.8b

Provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Magnum Ice Cream

Market Cap: €9.9b

Engages in the ice cream business in the Netherlands.

Vanguard International Semiconductor

Market Cap: NT$361.3b

Engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices in Taiwan and internationally.

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Baxter International

Market Cap: US$11.2b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

WinWay Technology

Market Cap: NT$356.8b

Designs, processes, and sells optoelectronic product test fixtures, integrated circuit test interfaces, and fixtures and their components in Taiwan, the Americas, China, Asia, Europe, and Canada.

Arab National Bank

Market Cap: ر.س41.8b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Discovery

Market Cap: R180.1b

Provides various insurance products and services primarily in South Africa and the United Kingdom.

Industrial Bank of Korea

Market Cap: ₩17.0t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

Bangkok Bank

Market Cap: ฿367.5b

Provides various commercial banking products and services in Thailand and internationally.

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥75.2b

Engages in the generation and sale of electricity in China.

Rockchip Electronics

Market Cap: CN¥75.1b

Operates as a fabless IC design company focusing on Intelligent IoT in China.

Insulet

Market Cap: US$11.1b

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

UMB Financial

Market Cap: US$11.1b

Operates as a bank holding company that provides banking services and asset servicing in the United States and internationally.

Sumco

Market Cap: JP¥1.8t

Engages in the manufacture and sale of silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, South Korea, Europe, and internationally.

Taiwan Mobile

Market Cap: NT$353.1b

Provides telecommunications, broadband, retail, digital, and financial services in Taiwan and internationally.

BJ's Wholesale Club Holdings

Market Cap: US$11.1b

Operates membership warehouse clubs on the eastern half of the United States.

Shenyang Fortune Precision Equipment

Market Cap: CN¥74.6b

Shenyang Fortune Precision Equipment Co., Ltd.

Hong Leong Bank Berhad

Market Cap: RM 44.7b

Operates as a financial services company in Malaysia and internationally.

Wintrust Financial

Market Cap: US$11.0b

A financial holding company, provides community-oriented, personal, and commercial banking services in the United States.

ASMPT

Market Cap: HK$85.9b

An investment holding company, engages in the design, manufacture, and marketing of machines, tools, and materials used in the semiconductor and electronics assembly industries internationally.

Lotus Bakeries

Market Cap: €9.6b

Provides various snack products in Belgium and internationally.

Guangdong Haid Group

Market Cap: CN¥74.1b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Dangote Cement

Market Cap: ₦14.9t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Suzhou Maxwell Technologies

Market Cap: CN¥73.8b

Engages in the design, research and development, production, and sale of solar cell production equipment in China.

Japan Post Insurance

Market Cap: JP¥1.7t

Engages in the provision of life insurance products and services in Japan.

Zhejiang Zheneng Electric Power

Market Cap: CN¥73.3b

Zhejiang Zheneng Electric Power Co., Ltd.

Popular

Market Cap: US$10.8b

Through its subsidiaries, provides various retail, mortgage, and commercial banking services for individuals and businesses in Puerto Rico, the United States, the British Virgin Islands, the Caribbean, and Latin America.

Orkla

Market Cap: NOK 106.0b

Operates as an industrial investment company within brands and consumer-oriented businesses worldwide.

Maplebear

Market Cap: US$10.8b

Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally.

OPC Energy

Market Cap: ₪32.2b

Engages in the development, construction, operation, generation, and supply of electricity and energy in Israel.

Silicon Motion Technology

Market Cap: US$10.7b

Designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in China, Japan, Singapore, Taiwan, Korea, the United States, and internationally.

BDO Unibank

Market Cap: ₱658.9b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.