Kuwaiti Utilities Defensive Blue Chips

Skyverse Technology

Market Cap: CN¥150.6b

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

VERBUND

Market Cap: €19.3b

Generates, trades, and sells electricity in Austria, Germany, France, Romania, Spain, and Luxembourg.

Sigma Healthcare

Market Cap: AU$31.6b

Operates as a retail pharmacy franchisor and pharmaceutical wholesale and distributor to community pharmacies primarily in Australia.

Brown & Brown

Market Cap: US$21.7b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally.

Mega Financial Holding

Market Cap: NT$683.8b

Provides various financial services in Taiwan.

Riyad Bank

Market Cap: ر.س79.7b

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

Telefônica Brasil

Market Cap: R$109.9b

Operates as a mobile telecommunications company in Brazil.

Bunge Global

Market Cap: US$21.2b

Operates as an agribusiness and food company worldwide.

Straumann Holding

Market Cap: CHF 17.0b

Provides tooth replacement and orthodontic solutions in Switzerland, the United States, China, Germany, Brazil, Japan, France, and internationally.

STERIS

Market Cap: US$21.0b

Provides infection prevention products and services in the United States, Ireland, and internationally.

Heineken Holding

Market Cap: €18.3b

Engages in brewing and selling beer and cider in the Netherlands, Europe, the Americas, Africa & Middle East, Asia Pacific and internationally.

SCREEN Holdings

Market Cap: JP¥3.4t

Develops, manufactures, and markets semiconductor production equipment in Japan, Taiwan, South Korea, China, the United States, Europe, and internationally.

Tyson Foods

Market Cap: US$20.6b

Operates as a food company worldwide.

Legal & General Group

Market Cap: UK£15.6b

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

Cellnex Telecom

Market Cap: €18.0b

Engages in the management of terrestrial telecommunications infrastructures in France, Italy, the United Kingdom, Spain, Poland, the Netherlands, Portugal, Switzerland, Denmark, Sweden, Ireland, and Austria.

Raiffeisen Bank International

Market Cap: €18.0b

Offers banking services to corporate, retail, and institutional customers.

Arca Continental. de

Market Cap: Mex$357.3b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ75.1b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Fortum Oyj

Market Cap: €17.9b

Engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally.

Amkor Technology

Market Cap: US$20.4b

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

Global Unichip

Market Cap: NT$649.3b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.

Terumo

Market Cap: JP¥3.3t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Uniper

Market Cap: €17.7b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

China Minsheng Banking

Market Cap: CN¥136.8b

Provides banking products and services in the People's Republic of China.

Grupo Cibest

Market Cap: Col$69.4t

Provides various banking products and services in Colombia and internationally.

Lattice Semiconductor

Market Cap: US$20.1b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Bank Mandiri (Persero)

Market Cap: Rp359.0t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$104.0b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Federal Home Loan Mortgage

Market Cap: US$20.0b

Operates in the secondary mortgage market in the United States.

Hana Financial Group

Market Cap: ₩30.9t

Through its subsidiaries, provides financial services in South Korea, Hong Kong, Singapore, the United States, Japan, China, Indonesia, the United Kingdom, Canada, and internationally.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س74.4b

Provides private health and support services in the Kingdom of Saudi Arabia.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫519.7t

Provides banking products and services in Vietnam.

Telenor

Market Cap: NOK 195.7b

Operates as a telecommunication company worldwide.

Saudi Energy

Market Cap: ر.س74.1b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥133.4b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

China Tower

Market Cap: HK$154.0b

Provides telecommunication tower infrastructure services in the People's Republic of China.