French Utilities Defensive Blue Chips

LONGi Green Energy Technology

Market Cap: CN¥95.8b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

GlobalWafers

Market Cap: NT$458.5b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق51.3b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Tryg

Market Cap: DKK 92.4b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Mashreqbank PSC

Market Cap: د.إ51.6b

Provides various banking and financial services to individuals and corporates.

Fidelity National Financial

Market Cap: US$14.0b

Provides various insurance products in the United States.

Insurance Australia Group

Market Cap: AU$20.1b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp253.1t

Provides information and communications technology, and telecommunications network services worldwide.

Metro

Market Cap: CA$19.6b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Wens Foodstuff Group

Market Cap: CN¥93.6b

Engages in the agricultural and animal husbandry businesses in China and internationally.

Unum Group

Market Cap: US$13.8b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Fisher & Paykel Healthcare

Market Cap: NZ$23.9b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

SiTime

Market Cap: US$13.8b

Engages in the design, development, and sale of silicon timing systems solutions in Hong Kong, Taiwan, the United States, Singapore, and internationally.

Britannia Industries

Market Cap: ₹1.3t

Engages in manufacturing, trading, and sale of various food products in India and internationally.

WH Group

Market Cap: HK$107.8b

An investment holding company, produces and sells packaged meats, pork, and hogs in China, North America, and Europe.

Assurant

Market Cap: US$13.7b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Cooper Companies

Market Cap: US$13.7b

Develops, manufactures, and markets contact lens wearers.

United Utilities Group

Market Cap: UK£10.3b

Provides water and wastewater services in the United Kingdom.

RenaissanceRe Holdings

Market Cap: US$13.7b

Provides reinsurance and insurance products in the United States and internationally.

Piraeus Bank

Market Cap: €12.0b

Provides various banking products and services in Greece, Europe, and internationally.

McCormick

Market Cap: US$13.6b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Uni-President Enterprises

Market Cap: NT$439.8b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

Globe Life

Market Cap: US$13.5b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Anhui Conch Cement

Market Cap: CN¥91.6b

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

Banque Cantonale Vaudoise

Market Cap: CHF 11.0b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Shanghai United Imaging Healthcare

Market Cap: CN¥91.0b

Shanghai United Imaging Healthcare Co., Ltd.

Smith & Nephew

Market Cap: UK£10.1b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Union Bank of India

Market Cap: ₹1.3t

Provides banking products and services in India.

Punjab National Bank

Market Cap: ₹1.3t

Provides various banking and financial products and services in India and internationally.

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

Chubu Electric Power Company

Market Cap: JP¥2.2t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

MTN Nigeria Communications

Market Cap: ₦18.0t

Provides broadband fixed wireless access, telecommunication, and mobile financial services to consumer, commercial, and institutional customers in Nigeria.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥89.0b

Henan Shuanghui Investment & Development Co.,Ltd.

Fresenius Medical Care

Market Cap: €11.5b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Yokohama Financial Group

Market Cap: JP¥2.1t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

Onto Innovation

Market Cap: US$13.0b

Engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.