Mauritian Consumer Services Defensive Blue Chips

Citizens Financial Group

Market Cap: US$17.0b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

AIB Group

Market Cap: €15.3b

Provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Aier Eye Hospital Group

Market Cap: CN¥121.9b

Operates eye care hospitals and institutions.

Koninklijke KPN

Market Cap: €15.3b

Provides telecommunications and information technology (IT) services in the Netherlands.

SDIC Power Holdings

Market Cap: CN¥121.4b

Engages in the electricity generation business in China.

CK Infrastructure Holdings

Market Cap: HK$131.0b

An infrastructure company, develops, invests in, operates, and commercializes infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Saudi Electricity

Market Cap: ر.س62.9b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Anhui Conch Cement

Market Cap: HK$130.1b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Casey's General Stores

Market Cap: US$16.7b

Operates convenience stores under the Casey's and Casey’s General Store names.

US Foods Holding

Market Cap: US$16.6b

Engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Hua Xia Bank

Market Cap: CN¥119.2b

Provides commercial banking services in China and Hong Kong.

Fresenius Medical Care

Market Cap: €14.9b

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

Cooper Companies

Market Cap: US$16.5b

Develops, manufactures, and markets contact lens wearers.

Bank of Nanjing

Market Cap: CN¥118.4b

Provides various financial products and services in China.

JBS

Market Cap: R$92.9b

Engages in the processing of animal protein worldwide.

Brown-Forman

Market Cap: US$16.3b

Manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages.

Metro

Market Cap: CA$22.8b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Credicorp

Market Cap: US$16.3b

Provides various financial, insurance, and health services and products primarily in Peru and internationally.

NN Group

Market Cap: €14.7b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

Ørsted

Market Cap: DKK 109.3b

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

LONGi Green Energy Technology

Market Cap: CN¥116.3b

Manufactures and sells photovoltaic products and solutions worldwide.

Hormel Foods

Market Cap: US$16.1b

Develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally.

Banco de Sabadell

Market Cap: €14.4b

Provides banking products and services to personal, business, and private customers in Spain and internationally.

Shanghai United Imaging Healthcare

Market Cap: CN¥114.7b

Shanghai United Imaging Healthcare Co., Ltd.

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

Fidelity National Financial

Market Cap: US$15.9b

Provides various insurance products in the United States.

Baxter International

Market Cap: US$15.9b

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

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥114.0b

Advanced Micro-Fabrication Equipment Inc.

BDO Unibank

Market Cap: ₱875.8b

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp257.6t

Provides information and communications technology, and telecommunications network services worldwide.

JD Health International

Market Cap: HK$121.5b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

Telefônica Brasil

Market Cap: R$88.5b

Operates as a mobile telecommunications company in Brazil.

Jerónimo Martins SGPS

Market Cap: €14.0b

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

E.SUN Financial Holding Company

Market Cap: NT$471.9b

Provides various financial banking products and services in Taiwan.

Ambuja Cements

Market Cap: ₹1.3t

Manufactures and markets cement and cement related products to individual homebuilders, masons and contractors, and architects and engineers in India.

Grupo Financiero Inbursa. de

Market Cap: Mex$302.2b

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