Ghanaian Software Defensive Blue Chips

Albertsons Companies

Market Cap: US$11.8b

Through its subsidiaries, operates in the food and drug retail industry in the United States.

Bankinter

Market Cap: €10.1b

Provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain.

BKW

Market Cap: CHF 9.4b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Celsius Holdings

Market Cap: US$11.7b

Develops, processes, manufactures, markets, sells, and distributes functional energy drinks in the United States, North America, Europe, the Asia Pacific, and internationally.

Grupo Cibest

Market Cap: Col$47.1t

Provides banking products and services in Colombia and internationally.

CNA Financial

Market Cap: US$11.7b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States and internationally.

Tokyo GasLtd

Market Cap: JP¥1.7t

Engages in the production, supply, and sale of city gas, and LNG in Japan.

GD Power DevelopmentLtd

Market Cap: CN¥83.8b

Operates as a power generation company in China.

Grupo Bimbo. de

Market Cap: Mex$218.4b

Produces, distributes, and sells various bakery products.

Doximity

Market Cap: US$11.7b

Operates as a digital platform for medical professionals in the United States.

Bank of Chengdu

Market Cap: CN¥83.6b

Provides various commercial banking products and services in China.

Molina Healthcare

Market Cap: US$11.6b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces.

Banco Comercial Português

Market Cap: €10.0b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

Banque Saudi Fransi

Market Cap: ر.س43.4b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

RenaissanceRe Holdings

Market Cap: US$11.5b

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

Kasikornbank

Market Cap: ฿372.0b

Provides commercial banking products and services in Thailand and internationally.

Itissalat Al-Maghrib (IAM)

Market Cap: د.م103.2b

Provides various telecommunication solutions in Morocco and internationally.

Universal Health Services

Market Cap: US$11.4b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

T&D Holdings

Market Cap: JP¥1.7t

Through its subsidiaries, provides insurance products and services primarily in Japan.

ICICI Lombard General Insurance

Market Cap: ₹978.9b

Provides various general insurance products and services in India.

United Spirits

Market Cap: ₹977.9b

Engages in the manufacture, sale, and distribution of alcoholic beverages and other allied spirits in India and internationally.

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.

Hims & Hers Health

Market Cap: US$11.3b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

Chongqing Rural Commercial Bank

Market Cap: HK$88.3b

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

Redeia Corporación

Market Cap: €9.6b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

ING Bank Slaski

Market Cap: zł40.9b

Together with our subsidiaries, provides various banking products and services for retail clients and businesses in Poland.

Banco Santander-Chile

Market Cap: CL$10.8t

Provides commercial and retail banking products and services in Chile.

China Resources Beer (Holdings)

Market Cap: HK$87.6b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

James Hardie Industries

Market Cap: AU$17.1b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Kinsale Capital Group

Market Cap: US$11.1b

Engages in the provision of property and casualty insurance products in the United States.

Bank of the Philippine Islands

Market Cap: ₱632.5b

Provides various financial products and services to retail and corporate clients in the Philippines.

CEMEX. de

Market Cap: Mex$207.5b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

BE Semiconductor Industries

Market Cap: €9.5b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Baloise Holding

Market Cap: CHF 8.9b

Primarily engages in the insurance and banking businesses in Switzerland, Germany, Belgium, and Luxembourg.

SinoPac Financial Holdings

Market Cap: NT$325.6b

Through its subsidiaries, provides banking, securities, investment, leasing, and venture capital services worldwide.

Marico

Market Cap: ₹947.8b

Manufactures and sells branded consumer products in India.