Hungarian Utilities Defensive Blue Chips

IDEXX Laboratories

Market Cap: US$56.9b

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

Swiss Re

Market Cap: CHF 45.4b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Manulife Financial

Market Cap: CA$79.2b

Provides financial products and services in the United States, Canada, Asia, and internationally.

PICC Property and Casualty

Market Cap: HK$427.5b

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

Shanghai Pudong Development Bank

Market Cap: CN¥389.0b

Shanghai Pudong Development Bank Co., Ltd.

Infineon Technologies

Market Cap: €47.0b

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

Allstate

Market Cap: US$54.3b

Provides property and casualty, and other insurance products in the United States and Canada.

Diageo

Market Cap: UK£41.3b

Engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific, Latin America and Caribbean, and Africa.

Becton Dickinson

Market Cap: US$54.2b

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.

BOC Hong Kong (Holdings)

Market Cap: HK$417.6b

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

HOYA

Market Cap: JP¥8.3t

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

People's Insurance Company (Group) of China

Market Cap: HK$406.8b

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

Société Générale Société anonyme

Market Cap: €44.8b

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

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ188.9b

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

MetLife

Market Cap: US$51.3b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

NXP Semiconductors

Market Cap: US$51.1b

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

KBC Group

Market Cap: €43.5b

Provides banking, insurance, and asset management services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

Rocket Companies

Market Cap: US$50.3b

Provides spanning mortgage, real estate, and personal finance services in the United States and Canada.

Holcim

Market Cap: CHF 39.7b

Provides building materials and solutions worldwide.

Edwards Lifesciences

Market Cap: US$49.4b

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

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.

Standard Chartered

Market Cap: UK£37.4b

Provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas.

Veeva Systems

Market Cap: US$49.0b

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

Cardinal Health

Market Cap: US$48.7b

Operates as a healthcare services and products company in the United States and internationally.

Loblaw Companies

Market Cap: CA$66.9b

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.

Alimentation Couche-Tard

Market Cap: CA$66.2b

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

Emirates NBD Bank PJSC

Market Cap: د.إ173.7b

Provides corporate, institutional, retail, treasury, and Islamic banking services.

China Pacific Insurance (Group)

Market Cap: CN¥335.6b

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

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

Market Cap: ر.ق171.4b

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

E.ON

Market Cap: €40.4b

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

Kotak Mahindra Bank

Market Cap: ₹4.1t

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

Kioxia Holdings

Market Cap: JP¥7.1t

Engages in the development, production and sale of flash memory and solid state drives (SSDs) in Japan and internationally.

Heineken

Market Cap: €39.5b

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

Monolithic Power Systems

Market Cap: US$45.7b

Designs, develops, markets, and sells semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets in the United States, China, Taiwan, South Korea, Europe, Southeast Asia, Japan, and internationally.

Commerzbank

Market Cap: €39.0b

Provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally.

National Bank of Canada

Market Cap: CA$63.0b

Provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally.