Finnish Telecom Defensive Blue Chips

ASMPT

Market Cap: HK$81.5b

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.

Maplebear

Market Cap: US$10.4b

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

Orkla

Market Cap: NOK 98.3b

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

Popular

Market Cap: US$10.4b

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.

Bangkok Bank

Market Cap: ฿335.0b

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

Marks and Spencer Group

Market Cap: UK£7.6b

Operates various retail stores.

Guangdong Haid Group

Market Cap: CN¥69.4b

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

Insulet

Market Cap: US$10.3b

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

Allegro MicroSystems

Market Cap: US$10.2b

Designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems.

TIM

Market Cap: R$52.0b

Engages in the telecommunications sector in Brazil.

Smithfield Foods

Market Cap: US$10.2b

Produces various packaged meats and fresh pork products in the United States and internationally.

SD Guthrie Berhad

Market Cap: RM 41.5b

Operates as an integrated plantations company in Malaysia and internationally.

UMB Financial

Market Cap: US$10.2b

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

Macronix International

Market Cap: NT$321.2b

Engages in the design, manufacture, and supply of integrated circuits and memory chips.

Beazley

Market Cap: UK£7.6b

Through its subsidiaries, provides risk insurance and reinsurance solutions in the United States, the United Kingdom, and rest of Europe.

Vanguard International Semiconductor

Market Cap: NT$320.3b

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

Shizuoka Financial GroupInc

Market Cap: JP¥1.6t

Provides various banking products and services.

Interconexión Eléctrica E.S.P

Market Cap: Col$34.9t

Engages in the electric power, roads, and ICT and telecommunications business activities.

Tsingtao Brewery

Market Cap: CN¥68.3b

Engages in the manufacture and sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Boubyan Bank K.S.C.P

Market Cap: د.ك3.1b

Provides various banking products and services in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Bank Albilad

Market Cap: ر.س37.9b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Fervo Energy

Market Cap: US$10.0b

Operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities.