Indonesian Energy Defensive Blue Chips

Sichuan Chuantou EnergyLtd

Market Cap: CN¥84.0b

Engages in the clean energy business in China.

Kirin Holdings Company

Market Cap: JP¥1.7t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

Etihad Etisalat

Market Cap: ر.س43.7b

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

WH Group

Market Cap: HK$91.2b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

RenaissanceRe Holdings

Market Cap: US$11.6b

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

Tsingtao Brewery

Market Cap: HK$90.6b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Arab National Bank

Market Cap: ر.س43.4b

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.

T&D Holdings

Market Cap: JP¥1.6t

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

Banque Saudi Fransi

Market Cap: ر.س43.3b

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

China Zheshang Bank

Market Cap: HK$90.4b

Provides various commercial banking products and services in Mainland China.

GD Power DevelopmentLtd

Market Cap: CN¥82.4b

Operates as a power generation company in China.

Chongqing Rural Commercial Bank

Market Cap: HK$89.6b

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

Ooredoo Q.P.S.C

Market Cap: ر.ق41.6b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Canara Bank

Market Cap: ₹972.5b

Provides various banking products and services in India and internationally.

Redeia Corporación

Market Cap: €10.0b

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

Cochlear

Market Cap: AU$17.5b

Provides implantable hearing solutions for children and adults worldwide.

Banco Comercial Português

Market Cap: €10.0b

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

Orkla

Market Cap: NOK 114.2b

Operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.

Samsung Fire & Marine Insurance

Market Cap: ₩15.4t

Engages in the provision of non-life insurance products and services in Korea, China, the United States, Indonesia, Vietnam, Singapore, and the United Kingdom.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ40.8b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

Aegon

Market Cap: €9.7b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

ICICI Lombard General Insurance

Market Cap: ₹939.9b

Provides various general insurance products and services in India.

BKW

Market Cap: CHF 9.0b

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.

Enel Américas

Market Cap: CL$10.3t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Molson Coors Beverage

Market Cap: US$10.9b

Manufactures, markets, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

HKT Trust and HKT

Market Cap: HK$85.5b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

ICICI Prudential Life Insurance

Market Cap: ₹928.4b

Provides life insurance, pension, and health insurance products to individuals and groups in India.

Bank of Chengdu

Market Cap: CN¥78.2b

Provides various commercial banking products and services in China.

CEMEX. de

Market Cap: Mex$209.3b

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

Celcomdigi Berhad

Market Cap: RM 46.0b

An investment holding company, provides mobile communication services and related products in Malaysia.

KGI Financial Holding

Market Cap: NT$324.6b

Engages in the commercial banking, securities, venture capital, and insurance businesses in Taiwan and internationally.

Kinsale Capital Group

Market Cap: US$10.8b

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

Eurobank Ergasias Services and Holdings

Market Cap: €9.5b

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

Bank Albilad

Market Cap: ر.س40.4b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Infrastrutture Wireless Italiane

Market Cap: €9.5b

Operates in the electronic communications infrastructure sector in Italy.

Carrefour

Market Cap: €9.4b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.