Mauritian Software Defensive Blue Chips

Boston Scientific

Market Cap: US$113.2b

Develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide.

Altria Group

Market Cap: US$111.7b

Through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States.

AIA Group

Market Cap: HK$865.4b

Provides life insurance based financial services in Hong Kong.

Constellation Energy

Market Cap: US$109.8b

Produces and sells energy products and services in the United States.

Enel

Market Cap: €93.2b

Operates as an integrated operator in electricity and gas industries worldwide.

ICICI Bank

Market Cap: ₹9.9t

Engages in the provision of various banking and financial services to retail and corporate customers in India and internationally.

Al Rajhi Banking and Investment

Market Cap: ر.س408.0b

Provides banking and investment services in the Kingdom of Saudi Arabia and internationally.

Zurich Insurance Group

Market Cap: CHF 80.8b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

National Australia Bank

Market Cap: AU$147.7b

Provides financial services to individuals and businesses in Australia, New Zealand, Europe, Asia, the United States, and internationally.

Westpac Banking

Market Cap: AU$143.0b

Provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe.

Bank of Montreal

Market Cap: CA$137.4b

Engages in the provision of diversified financial services primarily in North America.

CVS Health

Market Cap: US$99.5b

Provides health solutions in the United States.

NFiniTi

Market Cap: US$95.5b

Operates as an alcoholic beverage company that specializes in producing ready-to-drink cocktails across the Western Hemisphere.

Bank of Nova Scotia

Market Cap: CA$128.6b

Provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally.

MediaTek

Market Cap: NT$3.0t

Engages in the research, development, production, manufacture, and marketing of multimedia integrated circuits (ICs) in Taiwan, rest of Asia, and internationally.

AXA

Market Cap: €77.7b

Through its subsidiaries, insurance, asset management, and banking services worldwide.

U.S. Bancorp

Market Cap: US$90.4b

A financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States.

PNC Financial Services Group

Market Cap: US$90.3b

Operates as a diversified financial services company in the United States.

National Grid

Market Cap: UK£67.0b

Engages in the transmission and distribution of electricity and gas.

Barclays

Market Cap: UK£67.0b

Provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia.

Abu Dhabi National Energy Company PJSC

Market Cap: د.إ328.3b

Operates as an integrated utility company in the United Arab Emirates, North America, Europe, Africa, and internationally.

Canadian Imperial Bank of Commerce

Market Cap: CA$121.9b

A diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally.

Semiconductor Manufacturing International

Market Cap: HK$683.9b

An investment holding company, engages in the manufacture, testing, and sale of integrated circuits wafer and various compound semiconductors in the United States, China, and Eurasia.

CaixaBank

Market Cap: €74.0b

Provides various banking products and services for individuals and businesses in Spain, Portugal, and internationally.

Hygon Information Technology

Market Cap: CN¥601.1b

Engages in the research and development of computing chip products and systems in China.

Postal Savings Bank of China

Market Cap: HK$676.3b

Provides various banking products and services for retail and corporate customers in the People’s Republic of China.

Marsh & McLennan Companies

Market Cap: US$85.1b

A professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide.

ANZ Group Holdings

Market Cap: AU$120.6b

Engages in the provision of banking and financial products and services to retail and business customers in Australia and internationally.

ING Groep

Market Cap: €71.7b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

Lloyds Banking Group

Market Cap: UK£61.4b

Provides a range of banking and financial products and services for retail and commercial customers in the United Kingdom.

Bank of Communications

Market Cap: HK$642.9b

Provides commercial banking products and services in China and internationally.

CRH

Market Cap: US$81.8b

Provides building materials solutions in Ireland, the United States, the United Kingdom, rest of Europe, and internationally.

Nu Holdings

Market Cap: US$81.5b

Provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States.

Monster Beverage

Market Cap: US$81.0b

Through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €67.7b

Engages in the insurance and reinsurance businesses worldwide.

Tokio Marine Holdings

Market Cap: JP¥12.2t

Engages in the non-life and life insurance, and financial and general businesses in Japan and internationally.