French Transportation Defensive Blue Chips

People's Insurance Company (Group) of China

Market Cap: HK$338.0b

An investment holding company, offers insurance products and services in the People’s Republic of China and Hong Kong.

Becton Dickinson

Market Cap: US$42.8b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

FBC Holdings

Market Cap: US$5.5b

Through its subsidiaries, provides commercial and wholesale banking, mortgage financing, micro lending, reinsurance, short-term insurance, and stockbroking services in Zimbabwe.

Wuliangye YibinLtd

Market Cap: CN¥289.3b

Manufactures and sells liquor and wine products and related auxiliary products under the Wuliangye brand in China.

Shanghai Pudong Development Bank

Market Cap: CN¥288.1b

Provides commercial banking products and services in China and internationally.

IDEXX Laboratories

Market Cap: US$42.3b

Develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally.

Kotak Mahindra Bank

Market Cap: ₹4.0t

Provides a range of banking and financial services to corporate and individual customers in India.

Swedbank

Market Cap: SEK 406.8b

Provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

Consolidated Edison

Market Cap: US$41.4b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

China Jushi

Market Cap: CN¥278.9b

Manufactures and sells fiberglass and related products in China and internationally.

Nanya Technology

Market Cap: NT$1.3t

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

PICC Property and Casualty

Market Cap: HK$318.5b

Engages in property and casualty insurance business in People’s Republic of China.

Swisscom

Market Cap: CHF 32.3b

Provides telecommunication services in Switzerland, Italy, and internationally.

Sysco

Market Cap: US$39.9b

Through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally.

American International Group

Market Cap: US$39.8b

Provides insurance products for commercial, institutional, and individual customers in North America and internationally.

ACWA Power

Market Cap: ر.س149.5b

Engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia, the Middle East, Asia, and Africa.

China Pacific Insurance (Group)

Market Cap: CN¥269.9b

Provides insurance products to in the People’s Republic of China.

Daiichi Life Group

Market Cap: JP¥6.4t

Through its subsidiaries, provides insurance products in Japan, the United States, and internationally.

Vulcan Materials

Market Cap: US$39.4b

Produces and supplies construction aggregates in the United States.

Federal National Mortgage Association

Market Cap: US$39.4b

Provides financing solutions for residential mortgages in the United States.

Fomento Económico Mexicano. de

Market Cap: Mex$689.2b

Through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.

Hon. Precision

Market Cap: NT$1.3t

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

OTP Bank Nyrt

Market Cap: Ft12.2t

Provides various commercial banking services.

SSE

Market Cap: UK£29.4b

Engages in the generation, transmission, distribution, and supply of electricity.

Skandinaviska Enskilda Banken

Market Cap: SEK 376.1b

Provides corporate, retail, investment, and private banking services.

Bank Central Asia

Market Cap: Rp688.1t

Provides commercial banking and other financial services.

Telstra Group

Market Cap: AU$55.7b

Provides telecommunications and information services in Australia and internationally.

ITC

Market Cap: ₹3.6t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

Power Corporation of Canada

Market Cap: CA$54.2b

An international management and holding company, provides financial services in North America, Europe, and Asia.

MS&AD Insurance Group Holdings

Market Cap: JP¥6.2t

An insurance holding company, engages in the provision of insurance and financial services worldwide.

Tesco

Market Cap: UK£28.8b

Operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.

PG&E

Market Cap: US$38.0b

Through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States.

Fairfax Financial Holdings

Market Cap: CA$53.7b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in Canada, the United States, the Middle East and Asia, and internationally.

Banca Monte dei Paschi di Siena

Market Cap: €33.0b

Provides various banking products and services in Italy and internationally.

Dubai Electricity and Water Authority (PJSC)

Market Cap: د.إ138.0b

Generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai.

Archer-Daniels-Midland

Market Cap: US$37.0b

Provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.