Kenyan Software Defensive Blue Chips

United Utilities Group

Market Cap: UK£10.5b

Provides water and wastewater services in the United Kingdom.

Britannia Industries

Market Cap: ₹1.3t

Engages in manufacturing, trading, and sale of various food products in India and internationally.

Rede D'Or São Luiz

Market Cap: R$72.9b

Engages in the provision of hospital services in Brazil.

Globe Life

Market Cap: US$14.1b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

BB Seguridade Participações

Market Cap: R$72.3b

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

Olympus

Market Cap: JP¥2.2t

Engages in the manufacture and sale of medical equipment in Japan, America, the Middle East, Asia, and Oceania.

Tongfu MicroelectronicsLtd

Market Cap: CN¥94.2b

Provides integrated circuit (IC) encapsulation test services in China and internationally.

Tryg

Market Cap: DKK 90.2b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Suncorp Group

Market Cap: AU$19.7b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

CNA Financial

Market Cap: US$13.9b

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

Kinsus Interconnect Technology

Market Cap: NT$443.7b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Punjab National Bank

Market Cap: ₹1.3t

Provides various banking and financial products and services in India and internationally.

Mora Telematika Indonesia

Market Cap: Rp243.6t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.

Hormel Foods

Market Cap: US$13.6b

Develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally.

Wens Foodstuff Group

Market Cap: CN¥91.6b

Engages in the agricultural and animal husbandry businesses in China and internationally.

Metro

Market Cap: CA$18.8b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Shanghai United Imaging Healthcare

Market Cap: CN¥91.1b

Shanghai United Imaging Healthcare Co., Ltd.

Israel Discount Bank

Market Cap: ₪40.5b

Provides various banking and financial services in Israel, Europe, and North America.

Shenzhen Techwinsemi Technology

Market Cap: CN¥91.0b

Develops, manufactures, and sells storage control chips and modules in China and internationally.

iA Financial

Market Cap: CA$18.8b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Banque Saudi Fransi

Market Cap: ر.س50.6b

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

Shanghai Iluvatar CoreX Semiconductor

Market Cap: HK$105.5b

Shanghai Iluvatar CoreX Semiconductor Co., Ltd.

Pro Medicus

Market Cap: AU$19.0b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

Eastroc Beverage (Group)

Market Cap: CN¥90.5b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.

Uni-President Enterprises

Market Cap: NT$431.3b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

Bank of Baroda

Market Cap: ₹1.3t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

WH Group

Market Cap: HK$104.7b

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

Origin Energy

Market Cap: AU$18.8b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Anhui Conch Cement

Market Cap: CN¥89.6b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

RenaissanceRe Holdings

Market Cap: US$13.2b

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

KT&G

Market Cap: ₩18.7t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

Insurance Australia Group

Market Cap: AU$18.7b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Rockchip Electronics

Market Cap: CN¥89.1b

Operates as a fabless IC design company focusing on Intelligent IoT in China.

Erie Indemnity

Market Cap: US$13.2b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

Amkor Technology

Market Cap: US$13.1b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.