Kenyan Software Defensive Blue Chips

AT&T

Market Cap: US$185.1b

Provides telecommunications and technology services worldwide.

KLA

Market Cap: US$184.9b

Designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide.

Commonwealth Bank of Australia

Market Cap: AU$262.6b

Provides retail and commercial banking services in Australia, New Zealand, and internationally.

China Life Insurance

Market Cap: HK$1.4t

Operates as a life insurance company in the People’s Republic of China.

Intuitive Surgical

Market Cap: US$176.1b

Develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally.

Ping An Insurance (Group) Company of China

Market Cap: CN¥1.2t

Ping An Insurance (Group) Company of China, Ltd.

Allianz

Market Cap: €145.4b

Provides property-casualty insurance, life/health insurance, and asset management products and services Internationally.

QUALCOMM

Market Cap: US$163.0b

Engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

HDFC Bank

Market Cap: ₹14.7t

Provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai.

Deutsche Telekom

Market Cap: €136.9b

Provides integrated telecommunication services worldwide.

Toronto-Dominion Bank

Market Cap: CA$216.5b

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

Econet Wireless Zimbabwe

Market Cap: US$20.0b

Through its subsidiaries, primarily provides mobile telecommunications and related overlay services in Zimbabwe.

Analog Devices

Market Cap: US$154.8b

Engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia.

Iberdrola

Market Cap: €125.2b

Engages in the generation, production, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia.

Banco Bilbao Vizcaya Argentaria

Market Cap: €124.9b

Provides retail banking, wholesale banking, and asset management services primarily in Spain, Mexico, Turkey, South America, rest of Europe, the United States, and Asia.

Anheuser-Busch InBev

Market Cap: €121.7b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

China Merchants Bank

Market Cap: CN¥998.4b

Provides various banking products and services.

UniCredit

Market Cap: €119.5b

Provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe.

Stryker

Market Cap: US$140.8b

Operates as a medical technology company.

EssilorLuxottica Société anonyme

Market Cap: €118.5b

Designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in North America, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific.

Sumitomo Mitsui Financial Group

Market Cap: JP¥21.5t

Provides banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania.

Boston Scientific

Market Cap: US$136.2b

Develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide.

Bharti Airtel

Market Cap: ₹12.2t

Operates as a telecommunications company in India and internationally.

British American Tobacco

Market Cap: UK£97.8b

Provides tobacco and nicotine products to consumers in the Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States.

DBS Group Holdings

Market Cap: S$168.4b

Provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally.

Medtronic

Market Cap: US$131.7b

Develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.

Intesa Sanpaolo

Market Cap: €105.6b

Provides various financial products and services in Italy, Central/Eastern Europe, the Middle East, and North Africa.

Chubb

Market Cap: US$122.5b

Provides insurance and reinsurance products worldwide.

AIA Group

Market Cap: HK$951.3b

Provides life insurance based financial services in Hong Kong.

BNP Paribas

Market Cap: €101.3b

Provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Progressive

Market Cap: US$119.0b

Operates as an insurance company in the United States.

Tokyo Electron

Market Cap: JP¥18.7t

Develops, manufactures, and sells semiconductor production equipment in Japan, South Korea, Taiwan, China, North America, Europe, and internationally.

Advantest

Market Cap: JP¥18.5t

Manufactures and sells semiconductors, component test systems, and mechatronics-related products in Japan, rest of Asia, the Americas, and Europe.

Al Rajhi Banking and Investment

Market Cap: ر.س428.8b

Provides banking and investment services in the Kingdom of Saudi Arabia and internationally.

Mizuho Financial Group

Market Cap: JP¥17.8t

Engages in banking, trust banking, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally.

Arm Holdings

Market Cap: US$113.5b

Arm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers.