French Consumer Durables Defensive Blue Chips

Arab National Bank

Market Cap: ر.س42.4b

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.

Bank of Chengdu

Market Cap: CN¥76.4b

Provides various banking products and services in China.

Bangkok Bank

Market Cap: ฿377.0b

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

BJ's Wholesale Club Holdings

Market Cap: US$11.2b

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

KINGSEMI

Market Cap: CN¥76.2b

Engages in the research and development, production, sales, and service provision of semiconductor fabrication equipment in China and internationally.

Indus Towers

Market Cap: ₹1.1t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

Insulet

Market Cap: US$11.2b

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

Shanghai Rural Commercial Bank

Market Cap: CN¥75.7b

Engages in commercial banking business in China.

Ambuja Cements

Market Cap: ₹1.1t

Manufactures, markets, and sells cement and related products to individual home builders, developers, institutional clients, masons, contractors, architects, and construction professionals in India.

Harel Insurance Investments & Financial Services

Market Cap: ₪33.8b

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

Safaricom

Market Cap: KSh1.4t

Provides telecommunication services in Kenya and Ethiopia.

Silicon Motion Technology

Market Cap: US$11.1b

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.

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.

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥75.0b

Engages in the generation and sale of electricity in China.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫290.8t

Provides various banking products and services in Vietnam and internationally.

Popular

Market Cap: US$11.0b

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.

Hong Leong Bank Berhad

Market Cap: RM 44.9b

Operates as a financial services company in Malaysia and internationally.

UMB Financial

Market Cap: US$11.0b

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

SD Guthrie Berhad

Market Cap: RM 44.6b

Operates as an integrated plantations company in Malaysia and internationally.

Encompass Health

Market Cap: US$10.9b

Operates inpatient rehabilitation hospitals in the United States and Puerto Rico.

Sanan OptoelectronicsLtd

Market Cap: CN¥74.0b

Engages in the research, development, production, and sale of compound semiconductor materials and devices in China and internationally.

Wintrust Financial

Market Cap: US$10.9b

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

Absa Group

Market Cap: R179.3b

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

Sichuan Chuantou EnergyLtd

Market Cap: CN¥73.6b

Engages in the clean energy business in China.

Far EasTone Telecommunications

Market Cap: NT$346.6b

Provides mobile telecommunications services in Taiwan and internationally.

Quebecor

Market Cap: CA$15.2b

Engages in the telecommunications, media, and sports and entertainment businesses in Canada.

Guangdong Haid Group

Market Cap: CN¥72.9b

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

Shizuoka Financial GroupInc

Market Cap: JP¥1.7t

Provides various banking products and services.

Zhejiang Zheneng Electric Power

Market Cap: CN¥72.5b

Zhejiang Zheneng Electric Power Co., Ltd.

Ryan Specialty Holdings

Market Cap: US$10.7b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, Singapore, and internationally.

BDO Unibank

Market Cap: ₱656.2b

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

United Nova TechnologyLtd

Market Cap: CN¥72.0b

Manufactures and markets power discrete and modules in China and internationally.

Chongqing Rural Commercial Bank

Market Cap: HK$83.2b

Provides banking and related financial services in the People’s Republic of China.

Budweiser Brewing Company APAC

Market Cap: HK$83.1b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally.

Orkla

Market Cap: NOK 103.9b

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