Indonesian Consumer Retailing Defensive Blue Chips

NXP Semiconductors

Market Cap: US$54.8b

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

Swiss Re

Market Cap: CHF 43.4b

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

Diageo

Market Cap: UK£40.6b

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

Bank Central Asia

Market Cap: Rp899.7t

Provides banking products and other financial services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally.

Singapore Telecommunications

Market Cap: S$69.5b

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

Manulife Financial

Market Cap: CA$75.2b

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

PICC Property and Casualty

Market Cap: HK$415.1b

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

Becton Dickinson

Market Cap: US$53.1b

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.

Truist Financial

Market Cap: US$53.0b

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

MetLife

Market Cap: US$51.8b

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

Allstate

Market Cap: US$51.4b

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

IDEXX Laboratories

Market Cap: US$51.0b

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

People's Insurance Company (Group) of China

Market Cap: HK$391.8b

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

HOYA

Market Cap: JP¥7.5t

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

Kotak Mahindra Bank

Market Cap: ₹4.4t

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

E.ON

Market Cap: €42.5b

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

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ181.2b

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

Alimentation Couche-Tard

Market Cap: CA$69.0b

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

Infineon Technologies

Market Cap: €42.2b

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

Monolithic Power Systems

Market Cap: US$49.2b

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.

BOC Hong Kong (Holdings)

Market Cap: HK$381.7b

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

Loblaw Companies

Market Cap: CA$68.8b

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.

Société Générale Société anonyme

Market Cap: €41.1b

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

Veeva Systems

Market Cap: US$48.0b

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

ACWA Power

Market Cap: ر.س179.9b

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.

Rocket Companies

Market Cap: US$46.6b

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

China Pacific Insurance (Group)

Market Cap: CN¥331.7b

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.ق168.2b

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

Emirates NBD Bank PJSC

Market Cap: د.إ169.3b

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

KBC Group

Market Cap: €39.3b

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.

Emirates Telecommunications Group Company PJSC

Market Cap: د.إ167.8b

Provides telecommunications services, media, and related equipment in the United Arab Emirates and internationally.

Kroger

Market Cap: US$45.6b

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

Heineken

Market Cap: €39.1b

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

Holcim

Market Cap: CHF 35.5b

Provides building materials and solutions worldwide.

Orange

Market Cap: €38.1b

Operates as a telecommunications operator in France and internationally.