Maltese Materials Defensive Blue Chips

Kerry Group

Market Cap: €12.8b

Provides taste and nutrition solutions.

Ryan Specialty Holdings

Market Cap: US$14.6b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, and Singapore.

Metro

Market Cap: CA$20.5b

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

Universal Health Services

Market Cap: US$14.5b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Grupo Financiero Inbursa. de

Market Cap: Mex$267.0b

Provides various financial products and services to individuals and businesses in Mexico.

bioMérieux

Market Cap: €12.4b

Develops, manufactures, and markets in vitro diagnostic solutions for infectious diseases in France, Europe, Africa, the Middle East, North and South America, the Asia Pacific, and internationally.

Powszechny Zaklad Ubezpieczen

Market Cap: zł52.7b

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

Canara Bank

Market Cap: ₹1.3t

Provides various banking products and services in India and internationally.

Samsung Fire & Marine Insurance

Market Cap: ₩20.6t

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

Uni-President Enterprises

Market Cap: NT$440.4b

Produces and sells food products in Taiwan and internationally.

Tata Power

Market Cap: ₹1.3t

Engages in the generation, transmission, distribution, and trading of electricity in India and internationally.

Mapfre

Market Cap: €12.2b

Engages in the investment, insurance, property, financial, and services businesses in Spain.

Fresenius Medical Care

Market Cap: €12.2b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Airtel Africa

Market Cap: UK£10.7b

Provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa.

Brookfield Wealth Solutions

Market Cap: US$14.0b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Bankinter

Market Cap: €12.1b

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

Santander Bank Polska

Market Cap: zł51.4b

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

Power Assets Holdings

Market Cap: HK$107.9b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally.

East West Bancorp

Market Cap: US$13.9b

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.

Bank Polska Kasa Opieki

Market Cap: zł50.9b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

SCB X

Market Cap: ฿446.1b

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

Smith & Nephew

Market Cap: UK£10.5b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Uniper

Market Cap: €12.0b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

Banco Santander-Chile

Market Cap: CL$13.0t

Provides commercial and retail banking products and services in Chile.

ASR Nederland

Market Cap: €11.9b

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

GD Power DevelopmentLtd

Market Cap: CN¥97.7b

Operates as a power generation company in China.

Guangdong Haid Group

Market Cap: CN¥97.6b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Cooper Companies

Market Cap: US$13.7b

Develops, manufactures, and markets contact lens wearers.

Turkiye Garanti Bankasi

Market Cap: ₺573.7b

Provides various banking products and services in Turkey.

Eurobank Ergasias Services and Holdings

Market Cap: €11.8b

Provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Suncorp Group

Market Cap: AU$20.9b

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

Banco Comercial Português

Market Cap: €11.7b

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

Everest Group

Market Cap: US$13.5b

Through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Gjensidige Forsikring

Market Cap: NOK 137.6b

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

Kasikornbank

Market Cap: ฿433.6b

Provides commercial banking products and services in Thailand and internationally.

Etihad Etisalat

Market Cap: ر.س50.1b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.