Croatian Materials Defensive Blue Chips

Truist Financial

Market Cap: US$51.9b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

América Móvil. de

Market Cap: Mex$992.8b

Provides telecommunications services in Latin America and internationally.

ACWA Power

Market Cap: ر.س189.7b

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.

Infineon Technologies

Market Cap: €44.5b

Engages in the design, development, manufacture, and marketing of semiconductors and semiconductor-based solutions worldwide.

Shanghai Pudong Development Bank

Market Cap: CN¥361.9b

Shanghai Pudong Development Bank Co., Ltd.

Loblaw Companies

Market Cap: CA$68.9b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.

Nordea Bank Abp

Market Cap: €44.2b

Offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally.

Heineken

Market Cap: €43.9b

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, and the Asia Pacific.

Becton Dickinson

Market Cap: US$49.8b

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.

NXP Semiconductors

Market Cap: US$49.5b

Offers various semiconductor products in China, the United States, Germany, Japan, Singapore, South Korea, Mexico, the Netherlands, Taiwan, and internationally.

Alimentation Couche-Tard

Market Cap: CA$67.9b

Operates and licenses convenience stores in North America, Europe, and Asia.

Sberbank of Russia

Market Cap: ₽3.0t

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions.

Singapore Telecommunications

Market Cap: S$62.9b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, China, and internationally.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ177.9b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.

Kotak Mahindra Bank

Market Cap: ₹4.1t

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

American International Group

Market Cap: US$48.2b

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

People's Insurance Company (Group) of China

Market Cap: HK$365.1b

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

E.ON

Market Cap: €40.3b

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

United Overseas Bank

Market Cap: S$59.0b

Provides banking products and services worldwide.

Edwards Lifesciences

Market Cap: US$45.6b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

Veeva Systems

Market Cap: US$45.5b

Provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.

BOC Hong Kong (Holdings)

Market Cap: HK$350.0b

An investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally.

Kroger

Market Cap: US$44.6b

Operates as a food and drug retailer in the United States.

Hygon Information Technology

Market Cap: CN¥315.8b

Engages in the research and development of computing chip products and systems in China.

Axis Bank

Market Cap: ₹3.7t

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

Target

Market Cap: US$43.1b

Operates as a general merchandise retailer in the United States.

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

Market Cap: ر.ق156.6b

Provides conventional and Islamic banking products and services in Qatar, Europe, North America, rest of GCC countries, and internationally.

Alcon

Market Cap: CHF 35.0b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

Société Générale Société anonyme

Market Cap: €37.4b

Provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally.

PICC Property and Casualty

Market Cap: HK$332.3b

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

Coca-Cola Europacific Partners

Market Cap: €37.1b

Produces, distributes, and sells a range of non-alcoholic ready to drink beverages.

Kuwait Finance House K.S.C.P

Market Cap: د.ك12.9b

Provides Islamic banking products and services in the Middle East, Europe, and internationally.

IDEXX Laboratories

Market Cap: US$41.5b

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

China Pacific Insurance (Group)

Market Cap: CN¥298.0b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Bank Rakyat Indonesia (Persero)

Market Cap: Rp670.4t

Provides various banking products and services in Indonesia and internationally.

HOYA

Market Cap: JP¥5.9t

A med-tech company, provides high-tech and medical products worldwide.