Luxembourg Consumer Durables Defensive Blue Chips

Yihai Kerry Arawana Holdings

Market Cap: CN¥131.8b

Engages in the agriculture and food processing businesses in China.

Banco Santander (Brasil)

Market Cap: R$100.0b

Provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally.

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a private life insurance company in India.

NMBZ Holdings

Market Cap: US$2.5b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

MPI

Market Cap: NT$618.3b

Manufactures, processes, repairs, imports/exports, and trades in semiconductor manufacturing and testing equipment in Taiwan, China, the United States, Singapore, Korea, and internationally.

Bank of Ireland Group

Market Cap: €16.8b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Alinma Bank

Market Cap: ر.س71.9b

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

Pernod Ricard

Market Cap: €16.6b

Produces and sells wines and spirits worldwide.

CK Infrastructure Holdings

Market Cap: HK$147.9b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Lattice Semiconductor

Market Cap: US$18.8b

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

Bank of Shanghai

Market Cap: CN¥127.3b

Provides various banking products and services in China.

Global Unichip

Market Cap: NT$600.4b

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.

Samsung Fire & Marine Insurance

Market Cap: ₩28.3t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

ASPEED Technology

Market Cap: NT$599.4b

Operates as a fabless integrated circuit (IC) design company in Taiwan, China, the United States, and internationally.

China United Network Communications

Market Cap: CN¥126.6b

Provides telecommunication services in the People’s Republic of China.

SinoPac Financial Holdings

Market Cap: NT$595.6b

Through its subsidiaries, provides banking services worldwide.

Wilson Bank Holding

Market Cap: US$18.4b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in the United States.

Associated British Foods

Market Cap: UK£13.8b

Engages in the food, ingredients, and retail businesses worldwide.

Skyverse Technology

Market Cap: CN¥124.9b

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

Federal Home Loan Mortgage

Market Cap: US$18.3b

Operates in the secondary mortgage market in the United States.

Koninklijke KPN

Market Cap: €16.0b

Provides telecommunications and information technology (IT) services in the Netherlands.

Enpara Bank

Market Cap: ₺854.6b

Provides banking services and products in Turkey.

Telia Company

Market Cap: SEK 176.7b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

IHH Healthcare Berhad

Market Cap: RM 74.0b

An investment holding company, provides healthcare services in Singapore, Malaysia, India, Greater China, Japan, Türkiye and Europe, and internationally.

OmniVision Integrated Circuits Group

Market Cap: CN¥123.4b

Engages in the design, development, and sale of integrated circuits and computer software and hardware in China and internationally.

Erste Bank Polska

Market Cap: zł68.3b

Provides various banking products and services for individuals, small or medium-sized enterprises, corporate clients, and public sector institutions.

Wilmar International

Market Cap: S$23.4b

Operates as an agribusiness company in Singapore, the People's Republic of China, Indonesia, Malaysia, Australia, Europe, South Africa, Nigeria, Vietnam, India, and internationally.

Banco Comercial Português

Market Cap: €15.9b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

Banco de Sabadell

Market Cap: €15.9b

Provides banking products and services in Spain, the United Kingdom, and Mexico.

East West Bancorp

Market Cap: US$18.0b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Mizrahi Tefahot Bank

Market Cap: ₪54.6b

Provides various banking services in Israel and internationally.

GlobalWafers

Market Cap: NT$576.1b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

Vodacom Group

Market Cap: R291.7b

Provides communications products and services in South Africa, Egypt, Kenya, and internationally.

Performance Food Group

Market Cap: US$17.9b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Mora Telematika Indonesia

Market Cap: Rp317.7t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.

Tenet Healthcare

Market Cap: US$17.8b

Operates as a diversified healthcare services company in the United States.