Ghanaian Telecom Defensive Blue Chips

Wilmar International

Market Cap: S$19.6b

Operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally.

Kerry Group

Market Cap: €13.0b

Provides taste and nutrition solutions.

Tryg

Market Cap: DKK 96.8b

Provides insurance products and services for private and corporate customers, and small and medium-sized businesses in Denmark, Sweden, the United Kingdom, and Norway.

CEMEX. de

Market Cap: Mex$275.8b

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

Grupo Cibest

Market Cap: Col$57.5t

Provides various banking products and services in Colombia and internationally.

Tata Power

Market Cap: ₹1.3t

Engages in the generation, transmission, distribution, and trading of electricity in India and internationally.

Uniper

Market Cap: €12.8b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

Jiangsu Yanghe Distillery

Market Cap: CN¥104.5b

Offers liquors and wines.

Jerónimo Martins SGPS

Market Cap: €12.6b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

JBS

Market Cap: US$14.7b

Operates as a protein and food company worldwide.

Metro

Market Cap: CA$20.4b

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

Uni-President Enterprises

Market Cap: NT$447.7b

Produces and sells food products in Taiwan and internationally.

Brookfield Wealth Solutions

Market Cap: US$14.5b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Origin Energy

Market Cap: AU$21.9b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Eurobank Ergasias Services and Holdings

Market Cap: €12.4b

Provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Mapfre

Market Cap: €12.3b

Engages in the investment, insurance, property, financial, and services businesses in Spain.

Budweiser Brewing Company APAC

Market Cap: HK$111.0b

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

Cooper Companies

Market Cap: US$14.3b

Develops, manufactures, and markets contact lens wearers.

Bank Polska Kasa Opieki

Market Cap: zł51.8b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

FinecoBank Banca Fineco

Market Cap: €12.2b

Provides banking, credit, trading and investment services in Italy.

Santander Bank Polska

Market Cap: zł51.4b

Provides various banking products and services for individuals, small or medium-sized enterprises, corporate clients, and public sector institutions.

Powszechny Zaklad Ubezpieczen

Market Cap: zł51.3b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Suncorp Group

Market Cap: AU$21.3b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Universal Health Services

Market Cap: US$14.0b

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

Olympus

Market Cap: JP¥2.1t

Manufactures and sells medical equipment in Japan, America, the Middle East, Asia, and Oceania.

East West Bancorp

Market Cap: US$13.9b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Lasertec

Market Cap: JP¥2.1t

Engages in the designing, manufacturing, and sale of inspection and measurement equipment in Japan and internationally.

ASR Nederland

Market Cap: €11.9b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.

Gjensidige Forsikring

Market Cap: NOK 138.2b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Power Assets Holdings

Market Cap: HK$107.0b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally.

Etihad Etisalat

Market Cap: ر.س51.6b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

GAIL (India)

Market Cap: ₹1.2t

Operates as a natural gas processing and distribution company in India and internationally.

Ryan Specialty Holdings

Market Cap: US$13.7b

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, and Singapore.

Bankinter

Market Cap: €11.7b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

National Bank of Greece

Market Cap: €11.7b

Provides financial products and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom.

Elia Group

Market Cap: €11.7b

Develops and operates as a transmission system operator in Belgium and Germany.