Latvian Software Defensive Blue Chips

CNA Financial

Market Cap: US$12.5b

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

Apollo Hospitals Enterprise

Market Cap: ₹1.1t

Provides healthcare services in India.

James Hardie Industries

Market Cap: AU$19.2b

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

S.P.E.E.H. Hidroelectrica

Market Cap: RON 54.5b

Produces and supplies hydro, wind, and energy electricity in Romania.

Encompass Health

Market Cap: US$12.4b

Provides post-acute healthcare services in the United States and Puerto Rico.

Banque Saudi Fransi

Market Cap: ر.س46.4b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

BDO Unibank

Market Cap: ₱718.9b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Taiwan Cooperative Financial Holding

Market Cap: NT$377.1b

Provides commercial banking, insurance, securities, bills finance, venture capital, asset management, and investment trust services in Taiwan.

Bank Permata

Market Cap: Rp204.4t

Provides various banking products and services in Indonesia.

RenaissanceRe Holdings

Market Cap: US$12.2b

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

Smoore International Holdings

Market Cap: HK$95.0b

An investment holding company, engages in the provision of vaping technology solutions.

Fisher & Paykel Healthcare

Market Cap: NZ$21.3b

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

Aegon

Market Cap: €10.5b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

Telecom Italia

Market Cap: €10.5b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

Kasikornbank

Market Cap: ฿394.5b

Provides commercial banking products and services in Thailand and internationally.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥86.0b

Henan Shuanghui Investment & Development Co.,Ltd.

Rockchip Electronics

Market Cap: CN¥86.0b

Operates as a fabless IC design company in China.

Israel Discount Bank

Market Cap: ₪39.7b

Provides various banking and financial services in Israel, Europe, and North America.

Cochlear

Market Cap: AU$18.6b

Provides implantable hearing solutions for children and adults worldwide.

Lasertec

Market Cap: JP¥1.8t

Engages in the designing, manufacturing, and sale of inspection and measurement equipment in Japan and internationally.

Tokyo GasLtd

Market Cap: JP¥1.8t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Union Bank of India

Market Cap: ₹1.1t

Provides banking products and services in India.

Shree Cement

Market Cap: ₹1.1t

Engages in the manufacture and sale of cement and clinker in India and internationally.

American Financial Group

Market Cap: US$12.0b

An insurance holding company, provides specialty property and casualty insurance products in the United States.

First Horizon

Market Cap: US$11.9b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

Indian Bank

Market Cap: ₹1.0t

Provides various banking products and services.

True Corporation

Market Cap: ฿383.5b

Provides telecommunications and value-added services in Thailand.

Dino Polska

Market Cap: zł42.9b

Operates a network of mid-sized grocery supermarkets under the Dino brand name in Poland.

BJ's Wholesale Club Holdings

Market Cap: US$11.7b

Operates membership warehouse clubs on the eastern half of the United States.

Ooredoo Q.P.S.C

Market Cap: ر.ق42.4b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Bank Albilad

Market Cap: ر.س43.6b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Tele2

Market Cap: SEK 110.4b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

Acciona

Market Cap: €10.0b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

BKW

Market Cap: CHF 9.2b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

China Resources Beer (Holdings)

Market Cap: HK$89.8b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Kirin Holdings Company

Market Cap: JP¥1.7t

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