Kenyan Telecom Defensive Blue Chips

Huaneng Power International

Market Cap: HK$122.1b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China, the Islamic Republic of Pakistan, and internationally.

SCB X

Market Cap: ฿516.9b

Engages in the banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

Phison Electronics

Market Cap: NT$495.2b

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

Hua Xia Bank

Market Cap: CN¥105.2b

Provides commercial banking services in China and Hong Kong.

Bankinter

Market Cap: €13.5b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

Power Assets Holdings

Market Cap: HK$120.5b

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.

Mapfre

Market Cap: €13.4b

Engages in insurance, reinsurance, and financial activities in Spain.

ageas

Market Cap: €13.4b

Engages in insurance business.

Chongqing Genori Technology

Market Cap: CN¥103.7b

Manufactures core components and materials.

Banco Santander-Chile

Market Cap: CL$14.1t

Provides commercial and retail banking products and services in Chile.

Kerry Group

Market Cap: €13.3b

Provides taste and nutrition solutions.

Pinnacle Financial Partners

Market Cap: US$15.2b

Operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States.

Kokusai Electric

Market Cap: JP¥2.4t

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

Beijing YanDong MicroElectronic

Market Cap: CN¥102.6b

Beijing YanDong MicroElectronic Co., Ltd.

Attijariwafa bank

Market Cap: د.م141.1b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Tongfu MicroelectronicsLtd

Market Cap: CN¥102.2b

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

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ55.1b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Sonova Holding

Market Cap: CHF 12.0b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Admiral Group

Market Cap: UK£11.2b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, and Spain.

Pro Medicus

Market Cap: AU$21.5b

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.

KGI Financial Holding

Market Cap: NT$473.6b

Operates as a financial company in Taiwan and internationally.

Rede D'Or São Luiz

Market Cap: R$77.0b

Engages in the provision of hospital services in Brazil.

James Hardie Industries

Market Cap: AU$21.4b

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

DaVita

Market Cap: US$14.6b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ53.8b

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

Unum Group

Market Cap: US$14.6b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

T&D Holdings

Market Cap: JP¥2.4t

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

BrightSpring Health Services

Market Cap: US$14.6b

Operates as a home and community-based healthcare services platform in the United States.

Chubu Electric Power Company

Market Cap: JP¥2.3t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

First Financial Holding

Market Cap: NT$461.6b

Provides various financial products and services in Asia, North America, Oceania, and Europe.

Grupo Financiero Inbursa. de

Market Cap: Mex$252.5b

Provides various financial products and services to individuals and businesses in Mexico.

Banco de Crédito e Inversiones

Market Cap: CL$13.3t

Provides various banking products and services in Chile, the United States, and Peru.

Phoenix Financial

Market Cap: ₪43.0b

Operates as a financial services company in Israel.

Woori Financial Group

Market Cap: ₩22.1t

Operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally.

Everest Group

Market Cap: US$14.2b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Brookfield Wealth Solutions

Market Cap: US$14.2b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.