Lithuanian Utilities Defensive Blue Chips

Power Assets Holdings

Market Cap: HK$121.7b

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.

BAWAG Group

Market Cap: €13.6b

Operates as a holding company for BAWAG P.S.K.

mBank

Market Cap: zł58.2b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

ASR Nederland

Market Cap: €13.5b

Provides insurance, pensions, and mortgages products and services for consumers, businesses, and employers in the Netherlands.

Bank of Beijing

Market Cap: CN¥104.4b

Provides various banking services to individuals and corporates in China.

Banco Santander-Chile

Market Cap: CL$14.2t

Provides commercial and retail banking products and services in Chile.

Kasikornbank

Market Cap: ฿512.5b

Provides commercial banking products and services in Thailand and internationally.

ING Bank Slaski

Market Cap: zł57.9b

Provides various banking products and services for retail clients and businesses in Poland.

Konfoong Materials International

Market Cap: CN¥104.2b

Konfoong Materials International Co., Ltd.

FinecoBank Banca Fineco

Market Cap: €13.5b

Provides banking, credit, trading and investment services in Italy.

African Distillers

Market Cap: US$2.0b

Manufactures, distributes, and markets wines, spirits, ready-to-drink (RTDs), and ciders in Zimbabwe.

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.

Mapfre

Market Cap: €13.3b

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

Powszechny Zaklad Ubezpieczen

Market Cap: zł57.2b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

ageas

Market Cap: €13.3b

Engages in insurance business.

Hua Xia Bank

Market Cap: CN¥102.8b

Provides commercial banking services in China and Hong Kong.

KGI Financial Holding

Market Cap: NT$480.4b

Operates as a financial company in Taiwan and internationally.

Bankinter

Market Cap: €13.2b

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

HANMI Semiconductor

Market Cap: ₩23.4t

Manufactures and sells semiconductor equipment in South Korea and internationally.

First Financial Holding

Market Cap: NT$477.4b

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

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ54.9b

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

James Hardie Industries

Market Cap: AU$21.6b

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

Kerry Group

Market Cap: €13.1b

Provides taste and nutrition solutions.

SCB X

Market Cap: ฿496.6b

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

Bank of Baroda

Market Cap: ₹1.4t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Kinsus Interconnect Technology

Market Cap: NT$467.9b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Attijariwafa bank

Market Cap: د.م138.1b

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

LONGi Green Energy Technology

Market Cap: CN¥99.7b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

Rede D'Or São Luiz

Market Cap: R$76.3b

Engages in the provision of hospital services in Brazil.

Pro Medicus

Market Cap: AU$21.2b

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.

BB Seguridade Participações

Market Cap: R$76.0b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ53.5b

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

BrightSpring Health Services

Market Cap: US$14.5b

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

Admiral Group

Market Cap: UK£10.9b

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

Chubu Electric Power Company

Market Cap: JP¥2.4t

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

Sonova Holding

Market Cap: CHF 11.6b

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.