Luxembourg Consumer Durables Defensive Blue Chips

Asahi Group Holdings

Market Cap: JP¥2.3t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

African Distillers

Market Cap: US$1.8b

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

Gjensidige Forsikring

Market Cap: NOK 137.5b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

McCormick

Market Cap: US$14.2b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Unum Group

Market Cap: US$14.1b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Coloplast

Market Cap: DKK 92.0b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Kirin Holdings Company

Market Cap: JP¥2.3t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

Pro Medicus

Market Cap: AU$20.1b

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.

Mashreqbank PSC

Market Cap: د.إ51.6b

Provides various banking and financial services to individuals and corporates.

Tryg

Market Cap: DKK 91.4b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Metro

Market Cap: CA$19.6b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Suncorp Group

Market Cap: AU$20.0b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Globe Life

Market Cap: US$13.9b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Uni-President Enterprises

Market Cap: NT$446.6b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق50.4b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Kinsus Interconnect Technology

Market Cap: NT$445.2b

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

CNA Financial

Market Cap: US$13.8b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

China Resources Microelectronics

Market Cap: CN¥93.2b

Engages in the manufacture and sale of semiconductors in China and internationally.

Beijing YanDong MicroElectronic

Market Cap: CN¥93.0b

Beijing YanDong MicroElectronic Co., Ltd.

Assurant

Market Cap: US$13.7b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

United Utilities Group

Market Cap: UK£10.1b

Provides water and wastewater services in the United Kingdom.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp249.1t

Provides information and communications technology, and telecommunications network services worldwide.

Union Bank of India

Market Cap: ₹1.3t

Provides banking products and services in India.

Hormel Foods

Market Cap: US$13.7b

Develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally.

Great Eastern Holdings

Market Cap: S$17.6b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

RenaissanceRe Holdings

Market Cap: US$13.6b

Provides reinsurance and insurance products in the United States and internationally.

Ingenic SemiconductorLtd

Market Cap: CN¥92.0b

Engages in the research and development, design, and sale of integrated circuit chip products in China and internationally.

Fisher & Paykel Healthcare

Market Cap: NZ$23.2b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Insurance Australia Group

Market Cap: AU$19.3b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Fidelity National Financial

Market Cap: US$13.4b

Provides various insurance products in the United States.

Eastroc Beverage (Group)

Market Cap: CN¥90.9b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.

LONGi Green Energy Technology

Market Cap: CN¥90.7b

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

Wens Foodstuff Group

Market Cap: CN¥90.7b

Engages in the agricultural and animal husbandry businesses in China and internationally.

Cooper Companies

Market Cap: US$13.4b

Develops, manufactures, and markets contact lens wearers.

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

Bank of Baroda

Market Cap: ₹1.3t

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