Maltese Pharmaceuticals & Biotech Defensive Blue Chips

Carrefour

Market Cap: €9.3b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

Ensign Group

Market Cap: US$10.8b

Provides skilled nursing, senior living, and rehabilitative services.

Globe Life

Market Cap: US$10.8b

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

Rockchip Electronics

Market Cap: CN¥76.0b

Operates as a fabless IC design company focusing on Intelligent IoT in China.

Bank Permata

Market Cap: Rp178.4t

Provides various banking products and services in Indonesia.

Marico

Market Cap: ₹953.5b

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Hong Leong Bank Berhad

Market Cap: RM 44.1b

Operates as a financial services company in Malaysia and internationally.

ACM Research (Shanghai)

Market Cap: CN¥75.4b

Engages in the research, development, production, and sale of semiconductor equipment in China.

Bank of the Philippine Islands

Market Cap: ₱623.5b

Provides various financial products and services to retail and corporate clients in the Philippines.

Waaree Energies

Market Cap: ₹945.2b

Manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects.

Orkla

Market Cap: NOK 108.0b

Operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.

Align Technology

Market Cap: US$10.6b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Komercní banka

Market Cap: Kč220.0b

Provides various retail, corporate, and investment banking services primarily in the Czech Republic, and Central and Eastern Europe.

Taiwan Mobile

Market Cap: NT$329.7b

Provides wireless communication services in Taiwan, the Republic of China, and internationally.

T&D Holdings

Market Cap: JP¥1.6t

Through its subsidiaries, provides insurance products and services in Japan.

Bank Albilad

Market Cap: ر.س39.4b

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

Enel Américas

Market Cap: CL$9.7t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Celsius Holdings

Market Cap: US$10.4b

Develops, processes, manufactures, markets, sells, and distributes functional energy drinks in the United States, North America, Europe, the Asia Pacific, and internationally.

CPFL Energia

Market Cap: R$55.5b

Through its subsidiaries, operates as an energy company in Brazil.

BAWAG Group

Market Cap: €9.0b

Operates as a holding company for BAWAG P.S.K.

Piraeus Financial Holdings

Market Cap: €8.9b

Provides banking products and services in Greece and internationally.

Banque Cantonale Vaudoise

Market Cap: CHF 8.3b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Huadong Medicine

Market Cap: CN¥72.5b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

Far EasTone Telecommunications

Market Cap: NT$320.9b

Engages in the provision of telecommunications and digital application services in Taiwan.

Chongqing Rural Commercial Bank

Market Cap: HK$79.6b

Provides banking services in the People’s Republic of China.

Smoore International Holdings

Market Cap: HK$79.3b

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

Comerica

Market Cap: US$10.2b

Provides financial services in the United States, Canada, and Mexico.

Absa Group

Market Cap: R174.0b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Boubyan Bank K.S.C.P

Market Cap: د.ك3.1b

Provides various banking products and services in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Phoenix Financial

Market Cap: ₪33.2b

Provides multi-line insurance products in Israel.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥71.7b

Beijing E-Town Semiconductor Technology Co., Ltd.

ICICI Prudential Life Insurance

Market Cap: ₹899.9b

Provides life insurance, annuity, pension, and health insurance products to individuals and groups in India.

Bank of Chengdu

Market Cap: CN¥71.3b

Provides various commercial banking products and services in China.

Centrica

Market Cap: UK£7.6b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

KT&G

Market Cap: ₩14.8t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

Japan Post Insurance

Market Cap: JP¥1.6t

Provides life insurance products and services in Japan.