Mauritian Commercial Services Defensive Blue Chips

Astera Labs

Market Cap: US$15.7b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

Jerónimo Martins SGPS

Market Cap: €13.8b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

Grupo Financiero Inbursa. de

Market Cap: Mex$299.8b

Provides various financial products and services to individuals and businesses in Mexico.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥111.8b

Advanced Micro-Fabrication Equipment Inc.

Britannia Industries

Market Cap: ₹1.3t

Manufactures and sells various food products in India and internationally.

Baxter International

Market Cap: US$15.4b

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

Bank of Hangzhou

Market Cap: CN¥110.8b

Provides various banking products and services to individuals, corporate, and small and micro businesses in China.

Tryg

Market Cap: DKK 100.9b

Provides insurance products and services for private and corporate customers, and small and medium-sized businesses in Denmark, Sweden, the United Kingdom, and Norway.

Bank of Baroda

Market Cap: ₹1.3t

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

JBS

Market Cap: R$86.2b

Engages in the processing of animal protein worldwide.

LONGi Green Energy Technology

Market Cap: CN¥109.4b

Manufactures and sells photovoltaic products and solutions worldwide.

Banco de Chile

Market Cap: CL$14.3t

Operates as a commercial bank that provides banking services in Chile.

Telia Company

Market Cap: SEK 145.3b

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

Hana Financial Group

Market Cap: ₩20.5t

Through its subsidiaries, provides financial services in South Korea.

BDO Unibank

Market Cap: ₱838.5b

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

Fidelity National Financial

Market Cap: US$15.0b

Provides various insurance products in the United States.

Everest Group

Market Cap: US$14.9b

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

Suncorp Group

Market Cap: AU$23.1b

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

Uni-President Enterprises

Market Cap: NT$447.7b

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

Olympus

Market Cap: JP¥2.2t

Manufactures and sells precision machineries and instruments worldwide.

Attijariwafa bank

Market Cap: د.م136.3b

Provides banking products and services.

Mizrahi Tefahot Bank

Market Cap: ₪51.8b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

Wilmar International

Market Cap: S$19.0b

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

BJ's Wholesale Club Holdings

Market Cap: US$14.8b

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

Vodacom Group

Market Cap: R262.1b

Operates as a connectivity, digital, and financial services company in South Africa, Egypt, and internationally.

Guangdong Haid Group

Market Cap: CN¥105.4b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Punjab National Bank

Market Cap: ₹1.3t

Provides various banking and financial products and services in India.

Tata Power

Market Cap: ₹1.3t

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

GAIL (India)

Market Cap: ₹1.2t

Operates as a natural gas processing and distribution company in India and internationally.

Grupo Nutresa S. A

Market Cap: Col$59.4t

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

Samsung Life Insurance

Market Cap: ₩19.5t

Engages in the life insurance business in South Korea and internationally.

Unum Group

Market Cap: US$14.3b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Rede D'Or São Luiz

Market Cap: R$80.2b

Operates a network of hospitals in Brazil.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق51.7b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Budweiser Brewing Company APAC

Market Cap: HK$111.0b

An investment holding company, produces, imports, markets, distributes, and sells beer and other non-beer beverages primarily in China, South Korea, India, Vietnam, and the other Asia Pacific regions.

Dino Polska

Market Cap: zł53.2b

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