Luxembourg Media Defensive Blue Chips

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 22.3b

Engages in the development, manufacture, and sale of chocolate products worldwide.

Dollar General

Market Cap: US$27.5b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

China National Nuclear Power

Market Cap: CN¥184.5b

Engages in the investment, construction, operation, and management of nuclear power projects in the People's Republic of China.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥184.1b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Amrize

Market Cap: CHF 22.0b

Engages in the provision of various building solutions for infrastructure, commercial, and residential construction markets in North America and Canada.

Banco BPM

Market Cap: €23.7b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Aviva

Market Cap: UK£20.1b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, India, and China.

TS Financial Holding

Market Cap: NT$871.5b

Provides various financial products and services.

Avenue Supermarts

Market Cap: ₹2.6t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

PPL

Market Cap: US$26.7b

Provides electricity and natural gas to approximately 3.6 million customers in the United States.

QBE Insurance Group

Market Cap: AU$37.9b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

Huadian New Energy Group

Market Cap: CN¥179.8b

Engages in the power generation business in China.

Regions Financial

Market Cap: US$26.5b

A financial holding company, provides various banking and related products and services to individual and corporate customers.

China Everbright Bank

Market Cap: CN¥178.5b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Helvetia Baloise Holding

Market Cap: CHF 21.4b

Engages in life and non-life insurance, and reinsurance business.

New China Life Insurance

Market Cap: CN¥177.9b

Provides life insurance products and services to individuals and institutions in China.

Barito Renewables Energy

Market Cap: Rp468.2t

Generates and sells power through geothermal and wind resources in Indonesia.

American Water Works Company

Market Cap: US$26.1b

Through its subsidiaries, provides water and wastewater services in the United States.

AIB Group

Market Cap: €22.9b

Provides banking and financial products and services to personal, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

BT Group

Market Cap: UK£19.4b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Bank Rakyat Indonesia (Persero)

Market Cap: Rp462.3t

Provides various banking products and services in Indonesia and internationally.

Koninklijke Philips

Market Cap: €22.7b

Operates as a health technology company in North America, the Greater China, and internationally.

EnBW Energie Baden-Württemberg

Market Cap: €22.5b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

China Unicom (Hong Kong)

Market Cap: HK$201.6b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

Tower Semiconductor

Market Cap: US$25.6b

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

Banco de Crédito del Perú

Market Cap: S/86.7b

Provides banking products and services to individuals, small and medium-sized enterprises (SME), and companies in Peru, Panama, and the United States.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥171.2b

Inner Mongolia Yili Industrial Group Co., Ltd.

China Jushi

Market Cap: CN¥170.7b

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

KeyCorp

Market Cap: US$25.2b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Mediobanca Banca di Credito Finanziario

Market Cap: €22.0b

Provides various banking products and services in Italy, Other European countries, the United States, Asia, and internationally.

MTN Group

Market Cap: R410.3b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Markel Group

Market Cap: US$24.8b

Engages in the insurance business in the United States, the United Kingdom, Bermuda, Germany, rest of the European Union, Canada, and the Asia Pacific.

CLP Holdings

Market Cap: HK$193.9b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Public Bank Berhad

Market Cap: RM 100.9b

Provides banking products and services.

Dollar Tree

Market Cap: US$24.3b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

Principal Financial Group

Market Cap: US$24.2b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.