Jamaican Materials Defensive Blue Chips

Vodacom Group

Market Cap: R287.3b

Provides communications products and services in South Africa, Egypt, Kenya, and internationally.

CEMEX. de

Market Cap: Mex$305.5b

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

Banco de Sabadell

Market Cap: €15.2b

Provides banking products and services in Spain, the United Kingdom, and Mexico.

Banco Comercial Português

Market Cap: €15.2b

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

Phison Electronics

Market Cap: NT$547.2b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Skyverse Technology

Market Cap: CN¥116.3b

Manufactures and sells quality control equipment to enterprises involved in the front-end integrated circuit processes and packaging in China and internationally.

Eurobank

Market Cap: €15.0b

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

Mizrahi Tefahot Bank

Market Cap: ₪50.8b

Provides various banking services in Israel and internationally.

Luzhou LaojiaoLtd

Market Cap: CN¥115.4b

Produces and sells alcoholic products in China and internationally.

Zimmer Biomet Holdings

Market Cap: US$16.9b

Operates as a medical technology company worldwide.

Ingenic SemiconductorLtd

Market Cap: CN¥114.5b

Engages in the research and development, design, and sale of integrated circuit chip products in China and internationally.

HANMI Semiconductor

Market Cap: ₩25.9t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Nova

Market Cap: US$16.8b

Engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.

Elia Group

Market Cap: €14.7b

Develops and operates as a transmission system operator in Belgium and Germany.

Nexchip Semiconductor

Market Cap: CN¥113.2b

Engages in the research, development, production, and sale of integrated circuit-related products in China and internationally.

Hua Nan Financial Holdings

Market Cap: NT$528.8b

Provides financial services in Taiwan and internationally.

China Resources Microelectronics

Market Cap: CN¥112.5b

Engages in the manufacture and sale of semiconductors in China and internationally.

Puya Semiconductor (Shanghai)

Market Cap: CN¥111.7b

Engages in research, development, design, and sale of non-volatile memory chips and memory-based derivative chips in China and internationally.

Performance Food Group

Market Cap: US$16.4b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

OmniVision Integrated Circuits Group

Market Cap: CN¥111.4b

Engages in the design, development, and sale of integrated circuits and computer software and hardware in China and internationally.

Airtel Africa

Market Cap: UK£12.4b

Provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa.

National Silicon Industry Group

Market Cap: CN¥110.1b

National Silicon Industry Group Co., Ltd.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Bank of Hangzhou

Market Cap: CN¥109.0b

Provides various banking products and services in China.

Power Assets Holdings

Market Cap: HK$125.1b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Canada, mainland China, Netherlands, New Zealand, Thailand, the United States, and internationally.

KGI Financial Holding

Market Cap: NT$505.9b

Operates as a financial company in Taiwan and internationally.

Kansai Electric Power Company

Market Cap: JP¥2.6t

Engages in electricity, heat supply, telecommunication, and gas supply in Japan.

Bank Polska Kasa Opieki

Market Cap: zł60.1b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

Onto Innovation

Market Cap: US$15.7b

Engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.

National Bank of Greece

Market Cap: €13.8b

Provides banking, financial products, and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom, and internationally.

mBank

Market Cap: zł59.1b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

Jentech Precision Industrial

Market Cap: NT$497.4b

Manufactures, processes, and trades in precision tooling, and electronic parts and components in Taiwan and China.

GlobalWafers

Market Cap: NT$497.2b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

FinecoBank Banca Fineco

Market Cap: €13.7b

Provides banking, credit, trading and investment services in Italy.

Tenet Healthcare

Market Cap: US$15.6b

Operates as a diversified healthcare services company in the United States.

Hua Xia Bank

Market Cap: CN¥105.8b

Provides commercial banking services in China and Hong Kong.