Maltese Software Defensive Blue Chips

Nova

Market Cap: US$11.4b

Engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.

China Resources Beer (Holdings)

Market Cap: HK$88.1b

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

American Financial Group

Market Cap: US$11.3b

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

China Zheshang Bank

Market Cap: HK$87.9b

Provides various commercial banking products and services in Mainland China.

Jentech Precision Industrial

Market Cap: NT$355.2b

Manufactures, processes, and trades in precision tooling, and electronic parts and components in Taiwan and China.

Phoenix Financial

Market Cap: ₪35.6b

Provides multi-line insurance products in Israel.

Max Healthcare Institute

Market Cap: ₹1.0t

Provides medical and healthcare services in India.

National Silicon Industry Group

Market Cap: CN¥78.5b

National Silicon Industry Group Co., Ltd.

Globe Life

Market Cap: US$11.2b

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

Dino Polska

Market Cap: zł40.3b

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

Rockchip Electronics

Market Cap: CN¥78.3b

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

Marico

Market Cap: ₹1.0t

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

Almarai

Market Cap: ر.س41.8b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Banque Saudi Fransi

Market Cap: ر.س41.8b

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

Bank Permata

Market Cap: Rp185.4t

Provides various banking products and services in Indonesia.

Arab National Bank

Market Cap: ر.س41.6b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Phison Electronics

Market Cap: NT$348.6b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫290.9t

Provides various banking products and services to individuals, businesses, and organizations in Vietnam and internationally.

Banque Cantonale Vaudoise

Market Cap: CHF 8.8b

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

ICICI Prudential Life Insurance

Market Cap: ₹991.1b

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

Lattice Semiconductor

Market Cap: US$11.0b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Komercní banka

Market Cap: Kč228.5b

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

Buzzi

Market Cap: €9.4b

Manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates.

Shree Cement

Market Cap: ₹985.7b

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

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫287.5t

Provides various banking products and services for individuals, corporate customers, and financial institutions in Vietnam.

Itissalat Al-Maghrib (IAM)

Market Cap: د.م100.2b

Provides various telecommunication solutions in Morocco and internationally.

ICICI Lombard General Insurance

Market Cap: ₹979.3b

Provides various general insurance products and services in India.

United Spirits

Market Cap: ₹978.3b

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

Orkla

Market Cap: NOK 109.3b

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.

SBI Shinsei Bank

Market Cap: JP¥1.7t

Provides banking and financial products and services to individual customers, corporations, public-sector entities, and financial institutions in Japan.

Encompass Health

Market Cap: US$10.8b

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

Centrica

Market Cap: UK£8.0b

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

Chubu Electric Power Company

Market Cap: JP¥1.7t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Old Republic International

Market Cap: US$10.7b

Through its subsidiaries, provides insurance underwriting and related services primarily in the United States and Canada.

Bank of the Philippine Islands

Market Cap: ₱631.4b

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

Global Unichip

Market Cap: NT$333.7b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.