South Korean Materials Defensive Blue Chips

Winbond Electronics

Market Cap: NT$886.5b

Engages in the research, development, production and sales of integrated circuits, various semiconductor components and other system products.

Sampo Oyj

Market Cap: €24.1b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

ResMed

Market Cap: US$27.8b

Develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the United States and internationally.

George Weston

Market Cap: CA$38.7b

Provides food and drug retailing, and financial services in Canada.

Seven & i Holdings

Market Cap: JP¥4.4t

Operates convenience stores in Japan, North America, and internationally.

BE Semiconductor Industries

Market Cap: €23.7b

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

China Everbright Bank

Market Cap: CN¥185.1b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Piotech

Market Cap: CN¥184.6b

Engages in the research and development, production, sales, and technical services of semiconductor equipment in China.

PPL

Market Cap: US$27.2b

Provides electricity and natural gas to approximately 3.6 million customers in the United States.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 21.3b

Engages in the development, manufacture, and sale of chocolate products worldwide.

Technoprobe

Market Cap: €23.0b

Produces and sells electronic circuits in Italy, Asia, the United States, and rest of Europe.

Cincinnati Financial

Market Cap: US$26.6b

Provides property casualty insurance products in the United States.

W. R. Berkley

Market Cap: US$26.5b

An insurance holding company, operates as a commercial line writer worldwide.

Banco BPM

Market Cap: €22.7b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Veeva Systems

Market Cap: US$26.3b

Provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.

Huaneng Lancang River Hydropower

Market Cap: CN¥177.7b

Engages in the development, construction, operation, and management of hydropower and new energy power generation projects.

New China Life Insurance

Market Cap: CN¥176.4b

Provides life insurance products and services to individuals and institutions in China.

BT Group

Market Cap: UK£19.4b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Lasertec

Market Cap: JP¥4.2t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

Sumitomo Mitsui Trust Group

Market Cap: JP¥4.2t

Operates as a trust bank in Japan and internationally.

QNB Bank

Market Cap: ₺1.2t

Provides various banking and financial services in Turkey.

Helvetia Baloise Holding

Market Cap: CHF 20.5b

Engages in life and non-life insurance, and reinsurance business.

Dollar General

Market Cap: US$25.7b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

MTN Group

Market Cap: R415.5b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Aviva

Market Cap: UK£19.1b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, India, and China.

Koninklijke Philips

Market Cap: €22.1b

Operates as a health technology company in North America, the Greater China, and internationally.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥172.8b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

AIB Group

Market Cap: €22.0b

Provides banking and financial products and services to personal, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

TS Financial Holding

Market Cap: NT$803.2b

Provides various financial products and services.

Constellation Brands

Market Cap: US$25.4b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.

Fresenius SE KGaA

Market Cap: €21.8b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

Bank Rakyat Indonesia (Persero)

Market Cap: Rp450.2t

Provides various banking products and services in Indonesia and internationally.

Snam

Market Cap: €21.5b

Engages in the operation of natural gas transport and storage infrastructure.

BNP Paribas Fortis

Market Cap: €21.5b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

National Bank of KuwaitK.P

Market Cap: د.ك7.6b

Provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

EnBW Energie Baden-Württemberg

Market Cap: €21.3b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.