Maltese Utilities Defensive Blue Chips

Erste Bank Polska

Market Cap: zł65.6b

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

Samsung Fire & Marine Insurance

Market Cap: ₩26.9t

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

Associated British Foods

Market Cap: UK£13.2b

Engages in the food, ingredients, and retail businesses worldwide.

Mizrahi Tefahot Bank

Market Cap: ₪51.2b

Provides various banking services in Israel and internationally.

Onto Innovation

Market Cap: US$17.3b

Engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.

Phison Electronics

Market Cap: NT$537.2b

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

Elia Group

Market Cap: €14.8b

Develops and operates as a transmission system operator in Belgium and Germany.

Zimmer Biomet Holdings

Market Cap: US$16.8b

Operates as a medical technology company worldwide.

GlobalWafers

Market Cap: NT$533.1b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

Airtel Africa

Market Cap: UK£12.7b

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

Vodacom Group

Market Cap: R278.0b

Provides communications products and services in South Africa, Egypt, Kenya, and internationally.

Hwatsing Technology

Market Cap: CN¥114.1b

Engages in the research, development, production, sales, and technical services of semiconductor equipment in China and internationally.

Bank of Hangzhou

Market Cap: CN¥113.4b

Provides various banking products and services in China.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥112.8b

Beijing E-Town Semiconductor Technology Co., Ltd.

Hua Nan Financial Holdings

Market Cap: NT$522.6b

Provides financial services in Taiwan and internationally.

Huaneng Power International

Market Cap: HK$128.9b

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

Semtech

Market Cap: US$16.3b

Provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.

Bank Polska Kasa Opieki

Market Cap: zł60.8b

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

Performance Food Group

Market Cap: US$16.1b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

KGI Financial Holding

Market Cap: NT$510.9b

Operates as a financial company in Taiwan and internationally.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

FinecoBank Banca Fineco

Market Cap: €14.1b

Provides banking, credit, trading and investment services in Italy.

Hua Xia Bank

Market Cap: CN¥108.9b

Provides commercial banking services in China and Hong Kong.

OmniVision Integrated Circuits Group

Market Cap: CN¥108.8b

Engages in the design, development, and sale of integrated circuits and computer software and hardware in China and internationally.

mBank

Market Cap: zł60.0b

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

HANMI Semiconductor

Market Cap: ₩24.5t

Manufactures and sells semiconductor equipment in South Korea and internationally.

National Bank of Greece

Market Cap: €13.8b

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

Bank of Beijing

Market Cap: CN¥107.8b

Provides various banking services to individuals and corporates in China.

Nexchip Semiconductor

Market Cap: CN¥107.7b

Engages in the research, development, production, and sale of integrated circuit-related products in China and internationally.

China Resources Microelectronics

Market Cap: CN¥107.3b

Engages in the manufacture and sale of semiconductors in China and internationally.

Kansai Electric Power Company

Market Cap: JP¥2.5t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

SDIC Power Holdings

Market Cap: CN¥106.7b

Engages in the electricity generation business in China.

Banco Santander-Chile

Market Cap: CL$13.9t

Provides commercial and retail banking products and services in Chile.

National Silicon Industry Group

Market Cap: CN¥106.5b

National Silicon Industry Group Co., Ltd.

ING Bank Slaski

Market Cap: zł58.8b

Provides various banking products and services for retail clients and businesses in Poland.

Bank of Baroda

Market Cap: ₹1.5t

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