Maltese Software Defensive Blue Chips

Uni-President Enterprises

Market Cap: NT$440.9b

Manufactures and sells beverage, food, animal feed, and wheat flour in Taiwan and internationally.

ASR Nederland

Market Cap: €12.5b

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

Grupo Nutresa S. A

Market Cap: Col$59.0t

Operates in the food industry in Colombia, Latin America, and internationally.

Fresenius Medical Care

Market Cap: €12.5b

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

Bank of Ireland Group

Market Cap: €12.4b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Huaneng Power International

Market Cap: HK$114.2b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China and internationally.

IHH Healthcare Berhad

Market Cap: RM 61.1b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

Cooper Companies

Market Cap: US$14.5b

Develops, manufactures, and markets contact lens wearers.

Celsius Holdings

Market Cap: US$14.5b

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

Jiangsu Yanghe Distillery

Market Cap: CN¥103.8b

Offers liquors and wines.

Sprouts Farmers Market

Market Cap: US$14.4b

Engages in the retailing of fresh, natural, and organic food products in the United States.

Brown-Forman

Market Cap: US$14.4b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$1.9b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Power Assets Holdings

Market Cap: HK$112.7b

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

Budweiser Brewing Company APAC

Market Cap: HK$112.7b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, and internationally.

Wilmar International

Market Cap: S$18.4b

Operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally.

Bank of Baroda

Market Cap: ₹1.3t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Montage Technology

Market Cap: CN¥102.5b

An integrated circuits design company, provides IC solutions for cloud computing and data center markets in the People’s Republic of China.

BJ's Wholesale Club Holdings

Market Cap: US$14.2b

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

Suncorp Group

Market Cap: AU$21.7b

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

Telia Company

Market Cap: SEK 135.6b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

Tata Power

Market Cap: ₹1.2t

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

Max Healthcare Institute

Market Cap: ₹1.2t

Provides medical and healthcare services in India.

East West Bancorp

Market Cap: US$14.1b

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.

National Bank of Greece

Market Cap: €12.0b

Provides financial products and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom.

Punjab National Bank

Market Cap: ₹1.2t

Provides various banking and financial products and services in India and internationally.

Admiral Group

Market Cap: UK£10.2b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

Gjensidige Forsikring

Market Cap: NOK 141.3b

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

ageas

Market Cap: €11.8b

Engages in insurance business.

First Financial Holding

Market Cap: NT$414.1b

Through its subsidiaries, provides various in Taiwan, Asia, the United States, and internationally.

Everest Group

Market Cap: US$13.8b

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

SCB X

Market Cap: ฿442.8b

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

Mapfre

Market Cap: €11.7b

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

Helvetia Holding

Market Cap: CHF 11.0b

Engages in life and non-life insurance, and reinsurance business in Switzerland, Germany, Austria, Spain, Italy, France, and internationally.

Ørsted

Market Cap: DKK 87.3b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.

WH Group

Market Cap: HK$107.3b

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