Mauritian Utilities Defensive Blue Chips

Resona Holdings

Market Cap: JP¥3.2t

Through its subsidiaries, engages in the provision retail and commercial banking products and services in Japan and internationally.

Associated British Foods

Market Cap: UK£15.8b

Operates as a diversified food, ingredients, and retail company worldwide.

Woolworths Group

Market Cap: AU$32.6b

Operates retail stores in Australia and New Zealand.

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a private life insurance company in India.

Terna

Market Cap: €17.9b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

Casey's General Stores

Market Cap: US$21.0b

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

Quest Diagnostics

Market Cap: US$21.0b

Provides diagnostic testing and services in the United States and internationally.

LONGi Green Energy Technology

Market Cap: CN¥148.9b

Manufactures and sells photovoltaic products in China, Europe, the Asia Pacific, and the United States.

Loews

Market Cap: US$20.8b

Through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally.

Coloplast

Market Cap: DKK 131.6b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

ON Semiconductor

Market Cap: US$20.6b

Provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally.

Gulf Development

Market Cap: ฿672.3b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

Snam

Market Cap: €17.6b

Engages in the operation of natural gas transport and storage infrastructure.

Bank of Nanjing

Market Cap: CN¥144.4b

Provides various financial products and services in China.

Credicorp

Market Cap: US$20.2b

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

Mega Financial Holding

Market Cap: NT$616.3b

Provides various financial services in Taiwan.

Coles Group

Market Cap: AU$30.9b

Operates as a retailer in Australia.

Heineken Holding

Market Cap: €17.0b

Engages in brewing and selling beer and cider in the Netherlands and internationally.

Samsung Life Insurance

Market Cap: ₩28.1t

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

Zimmer Biomet Holdings

Market Cap: US$19.7b

Operates as a medical technology company worldwide.

Hua Hong Semiconductor

Market Cap: HK$152.9b

An investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, Europe, and Japan.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫517.2t

Provides banking products and services in Vietnam.

Dollar Tree

Market Cap: US$19.6b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

GlobalFoundries

Market Cap: US$19.5b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide.

KeyCorp

Market Cap: US$19.4b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Pro Medicus

Market Cap: AU$29.8b

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.

Telefônica Brasil

Market Cap: R$105.0b

Operates as a mobile telecommunications company in Brazil.

Public Bank Berhad

Market Cap: RM 81.1b

Provides banking products and services.

AIB Group

Market Cap: €16.3b

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

QBE Insurance Group

Market Cap: AU$29.5b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

Talen Energy

Market Cap: US$19.0b

An independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States.

Banco de Sabadell

Market Cap: €16.2b

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

Sumitomo Mitsui Trust Group

Market Cap: JP¥2.8t

Operates as a trust bank in Japan and internationally.

Bank of Shanghai

Market Cap: CN¥134.8b

Provides various banking products and services in China.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ69.2b

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

GigaDevice Semiconductor

Market Cap: CN¥134.3b

Engages in the research, development, technical support, and sale of memory, microcontrollers, and sensors.