Italian Utilities Defensive Blue Chips

BKW

Market Cap: CHF 9.5b

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.

CNA Financial

Market Cap: US$11.9b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States and internationally.

CEMEX. de

Market Cap: Mex$220.8b

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

ING Bank Slaski

Market Cap: zł43.1b

Together with our subsidiaries, provides various banking products and services for retail clients and businesses in Poland.

HKT Trust and HKT

Market Cap: HK$93.2b

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.

BB Seguridade Participações

Market Cap: R$65.2b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

BE Semiconductor Industries

Market Cap: €10.1b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Banque Saudi Fransi

Market Cap: ر.س43.7b

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

Grupo Cibest

Market Cap: Col$47.5t

Provides banking products and services in Colombia and internationally.

Kasikornbank

Market Cap: ฿376.7b

Provides commercial banking products and services in Thailand and internationally.

Canara Bank

Market Cap: ₹1.0t

Provides various banking products and services in India and internationally.

James Hardie Industries

Market Cap: AU$17.7b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Grupo Bimbo. de

Market Cap: Mex$215.4b

Produces, distributes, and sells various bakery products.

IDBI Bank

Market Cap: ₹1.0t

Provides a range of banking and financial services in India.

GD Power DevelopmentLtd

Market Cap: CN¥82.9b

Operates as a power generation company in China.

Chandra Daya Investasi

Market Cap: Rp189.1t

Operates as an infrastructure investment holding company.

True Corporation

Market Cap: ฿373.2b

Provides telecommunications and value-added services in Thailand.

Arab National Bank

Market Cap: ر.س43.2b

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.

Albertsons Companies

Market Cap: US$11.5b

Through its subsidiaries, operates in the food and drug retail industry in the United States.

Aegon

Market Cap: €9.8b

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

Industrial Bank of Korea

Market Cap: ₩15.8t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

Doximity

Market Cap: US$11.4b

Operates as a digital platform for medical professionals in the United States.

Bank of the Philippine Islands

Market Cap: ₱648.8b

Provides various financial products and services to retail and corporate clients in the Philippines.

Adani Energy Solutions

Market Cap: ₹981.6b

Generates, transmits, and distributes power in India.

Bank of Chengdu

Market Cap: CN¥81.2b

Provides various commercial banking products and services in China.

Infrastrutture Wireless Italiane

Market Cap: €9.7b

Operates in the electronic communications infrastructure sector in Italy.

Baloise Holding

Market Cap: CHF 9.0b

Primarily engages in the insurance and banking businesses in Switzerland, Germany, Belgium, and Luxembourg.

RenaissanceRe Holdings

Market Cap: US$11.3b

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

First Horizon

Market Cap: US$11.3b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

Giga Device Semiconductor

Market Cap: CN¥81.0b

Engages in the research, development, technical support, and sale of memory, microcontrollers, and sensors.

Banco Santander-Chile

Market Cap: CL$10.7t

Provides commercial and retail banking products and services in Chile.

Ooredoo Q.P.S.C

Market Cap: ر.ق41.0b

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

Bajaj Housing Finance

Market Cap: ₹975.0b

Provides housing finance services in India.

Tsingtao Brewery

Market Cap: HK$88.3b

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

China Resources Beer (Holdings)

Market Cap: HK$88.2b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Pilgrim's Pride

Market Cap: US$11.2b

Produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, Europe, and Mexico.