Mauritian Software Defensive Blue Chips

Kansai Electric Power Company

Market Cap: JP¥2.5t

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

mBank

Market Cap: zł59.3b

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

Bankinter

Market Cap: €13.6b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

BAWAG Group

Market Cap: €13.6b

Operates as a holding company for BAWAG P.S.K.

China Resources Microelectronics

Market Cap: CN¥105.1b

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

ageas

Market Cap: €13.5b

Engages in insurance business.

Mapfre

Market Cap: €13.5b

Engages in insurance, reinsurance, and financial activities in Spain.

Puya Semiconductor (Shanghai)

Market Cap: CN¥104.1b

Engages in research, development, design, and sale of non-volatile memory chips and memory-based derivative chips in China and internationally.

Powszechny Zaklad Ubezpieczen

Market Cap: zł58.3b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Woori Financial Group

Market Cap: ₩23.0t

Operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ56.2b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Bank of Beijing

Market Cap: CN¥103.6b

Provides various banking services to individuals and corporates in China.

Phison Electronics

Market Cap: NT$490.8b

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

JD Health International

Market Cap: HK$119.2b

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

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ55.5b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

Rede D'Or São Luiz

Market Cap: R$77.3b

Engages in the provision of hospital services in Brazil.

Admiral Group

Market Cap: UK£11.2b

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

First Financial Holding

Market Cap: NT$483.2b

Provides various financial products and services in Asia, North America, Oceania, and Europe.

Chubu Electric Power Company

Market Cap: JP¥2.4t

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

Kerry Group

Market Cap: €13.1b

Provides taste and nutrition solutions.

Beijing Huafeng Test & Control TechnologyLtd

Market Cap: CN¥101.2b

Beijing Huafeng Test & Control Technology Co.,Ltd.

Reinsurance Group of America

Market Cap: US$14.9b

Provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

Sonova Holding

Market Cap: CHF 12.0b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

BB Seguridade Participações

Market Cap: R$76.3b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Banco de Crédito e Inversiones

Market Cap: CL$13.8t

Provides various banking products and services in Chile, the United States, and Peru.

DaVita

Market Cap: US$14.8b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Pinnacle Financial Partners

Market Cap: US$14.7b

Operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States.

BrightSpring Health Services

Market Cap: US$14.7b

Operates as a home and community-based healthcare services platform in the United States.

Everest Group

Market Cap: US$14.7b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Attijariwafa bank

Market Cap: د.م136.5b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Jentech Precision Industrial

Market Cap: NT$470.3b

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

T&D Holdings

Market Cap: JP¥2.4t

Through its subsidiaries, provides insurance products and services in Japan.

Onto Innovation

Market Cap: US$14.5b

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.

Huaneng Power International

Market Cap: HK$113.0b

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.

Nova

Market Cap: US$14.4b

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.

Pro Medicus

Market Cap: AU$20.6b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.