Maltese Materials Defensive Blue Chips

Encompass Health

Market Cap: US$12.8b

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

Apollo Hospitals Enterprise

Market Cap: ₹1.1t

Provides healthcare services in India.

Hon. Precision

Market Cap: NT$388.6b

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

CP ALL

Market Cap: ฿410.1b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

Union Bank of India

Market Cap: ₹1.1t

Provides banking products and services in India.

Zegona Communications

Market Cap: UK£9.5b

Provides integrated telecommunications services in Spain.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 54.8b

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

Reinsurance Group of America

Market Cap: US$12.5b

Provides reinsurance and financial solutions.

Cochlear

Market Cap: AU$18.9b

Provides implantable hearing solutions for children and adults worldwide.

Acciona

Market Cap: €10.7b

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

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥88.2b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

IDBI Bank

Market Cap: ₹1.1t

Provides banking and financial solutions to retail and corporate customers in India.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥88.0b

Henan Shuanghui Investment & Development Co.,Ltd.

Insurance Australia Group

Market Cap: AU$18.8b

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

Alibaba Health Information Technology

Market Cap: HK$96.0b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

BJ's Wholesale Club Holdings

Market Cap: US$12.3b

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

True Corporation

Market Cap: ฿397.3b

Provides telecommunications and value-added services in Thailand.

BDO Unibank

Market Cap: ₱721.1b

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

Fisher & Paykel Healthcare

Market Cap: NZ$21.2b

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

CNA Financial

Market Cap: US$12.3b

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

mBank

Market Cap: zł44.4b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

Rambus

Market Cap: US$12.2b

Manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally.

Taiwan Cooperative Financial Holding

Market Cap: NT$374.0b

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

Tokyo GasLtd

Market Cap: JP¥1.9t

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

WH Group

Market Cap: HK$94.3b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Dino Polska

Market Cap: zł44.0b

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

Banque Saudi Fransi

Market Cap: ر.س45.2b

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

Israel Discount Bank

Market Cap: ₪39.0b

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

Shanghai Electric Power

Market Cap: CN¥85.0b

Engages in the integration of clean energy, new energy, smart energy technology research and development and application, modern energy supply, and services in China and internationally.

Shree Cement

Market Cap: ₹1.1t

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

Bank Albilad

Market Cap: ر.س44.8b

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

Baxter International

Market Cap: US$11.9b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

BKW

Market Cap: CHF 9.4b

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.

Aegon

Market Cap: €10.2b

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

BB Seguridade Participações

Market Cap: R$63.4b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Chandra Daya Investasi

Market Cap: Rp197.2t

Operates as an infrastructure investment holding company.