Sri Lankan Telecom Defensive Blue Chips

Fairfax Financial Holdings

Market Cap: CA$52.2b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in Canada, the United States, the Middle East and Asia, and internationally.

KB Financial Group

Market Cap: ₩56.1t

Provides financial products and services in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally.

Federal National Mortgage Association

Market Cap: US$36.2b

Provides financing solutions for residential mortgages in the United States.

PG&E

Market Cap: US$36.2b

Through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States.

Hershey

Market Cap: US$35.6b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

Hartford Insurance Group

Market Cap: US$35.5b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

Martin Marietta Materials

Market Cap: US$35.5b

A natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł131.9b

Provides various banking products and services in Poland and internationally.

UltraTech Cement

Market Cap: ₹3.3t

Engages in the manufacture and sale of clinker, cement, ready mix concrete, and related products in India, the United Arab Emirates, Bahrain, and Sri Lanka.

Chunghwa Telecom

Market Cap: NT$1.1t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

ABN AMRO Bank

Market Cap: €30.7b

Provides various banking products and financial services to retail, private, and corporate banking clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Sompo Holdings

Market Cap: JP¥5.7t

Provides property and casualty insurance services in Japan and internationally.

Koninklijke Ahold Delhaize

Market Cap: €30.4b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Intact Financial

Market Cap: CA$49.2b

Through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally.

Ajinomoto

Market Cap: JP¥5.5t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$4.4b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Huntington Bancshares

Market Cap: US$34.2b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services.

Prudential

Market Cap: UK£25.3b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

AST SpaceMobile

Market Cap: US$33.2b

Designs and develops the constellation of BlueBird satellites in the United States.

BPER Banca

Market Cap: €28.9b

Engages in the provision of banking products and services for individuals, and businesses and professionals in Italy and internationally.

Vodafone Group

Market Cap: UK£25.0b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

M&T Bank

Market Cap: US$33.1b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

Bank Leumi le-Israel B.M

Market Cap: ₪97.7b

Provides banking and financial services for households, small and medium enterprises, and corporations in Israel, the United Kingdom, and internationally.

Capitec Bank Holdings

Market Cap: R544.3b

Through its subsidiaries, provides various banking products and services in South Africa.

Standard Bank Group

Market Cap: R542.8b

Provides financial products and services in South Africa and internationally.

Qnity Electronics

Market Cap: US$32.8b

Provides materials and solutions to the semiconductor and electronics industries in the United States, rest of Americas, Europe, the Middle East, Africa, Asia Pacific, China, South Korea, Taiwan, and internationally.

Malayan Banking Berhad

Market Cap: RM 135.2b

Provides commercial banking and related financial products and services.

Huadian New Energy Group

Market Cap: CN¥220.3b

Engages in the power generation business in China.

Tower Semiconductor

Market Cap: US$32.3b

An independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe.

Advanced Info Service

Market Cap: ฿1.1t

Operates as a telecommunications company primarily in Thailand.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ118.1b

Provides banking products and services in the United Arab Emirates and internationally.

Arch Capital Group

Market Cap: US$32.1b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Hannover Rück

Market Cap: €28.0b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Casey's General Stores

Market Cap: US$31.4b

Operates convenience stores under the Casey's and Casey’s General Store names in the United States.

Alcon

Market Cap: CHF 25.3b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

China Jushi

Market Cap: CN¥212.3b

Manufactures and sells fiberglass and related products in China and internationally.