Malawian Media Defensive Blue Chips

NRG Energy

Market Cap: US$29.4b

Operates as an energy and home services company in the United States and Canada.

Japan Post Holdings

Market Cap: JP¥4.3t

Provides postal, banking, and insurance services in Japan.

Swedbank

Market Cap: SEK 279.4b

Provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

CEZ a. s

Market Cap: Kč641.0b

Engages in the generation, distribution, trade, and sale of electricity and heat in Western, Central, and Southeastern Europe.

Malayan Banking Berhad

Market Cap: RM 123.2b

Provides commercial banking and related financial products and services.

Kellanova

Market Cap: US$28.6b

Manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa.

Cathay Financial Holding

Market Cap: NT$862.5b

Through its subsidiaries, provides various financial products and services in Taiwan, rest of Asia, and internationally.

Swiss Life Holding

Market Cap: CHF 23.4b

Provides life, pensions, and financial solutions for private and corporate clients.

Telefónica

Market Cap: €24.9b

Provides telecommunications services in Europe and Latin America.

Sampo Oyj

Market Cap: €24.6b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

ASM International

Market Cap: €24.6b

Engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia.

Terumo

Market Cap: JP¥4.0t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Naturgy Energy Group

Market Cap: €24.5b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

Disco

Market Cap: JP¥4.0t

Manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally.

Bank of Jiangsu

Market Cap: CN¥197.8b

Provides various banking products and services in China.

Pernod Ricard

Market Cap: €24.4b

Produces and sells wines and spirits worldwide.

W. R. Berkley

Market Cap: US$27.4b

An insurance holding company, operates as a commercial line writer worldwide.

Dai-ichi Life Holdings

Market Cap: JP¥4.0t

Through its subsidiaries, engages in the provision of insurance products in Japan, the United States, and internationally.

National Bank of KuwaitK.P

Market Cap: د.ك8.4b

Provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

China National Nuclear Power

Market Cap: CN¥195.0b

Invests in, develops, constructs, operates, and manages nuclear power projects in the People's Republic of China.

Advanced Info Service

Market Cap: ฿898.2b

Operates as a telecommunications and technology company primarily in Thailand.

American Water Works Company

Market Cap: US$27.0b

Through its subsidiaries, provides water and wastewater services in the United States.

Hang Seng Bank

Market Cap: HK$210.1b

Provides various banking and related financial services to individual, corporate, commercial, and small and medium sized enterprise customers in Hong Kong, Mainland China, and internationally.

Nestlé India

Market Cap: ₹2.3t

Manufactures and sells food products in India and internationally.

Fresenius SE KGaA

Market Cap: €23.8b

A health care company, provides products and services for chronically ill patients.

Bank Mandiri (Persero)

Market Cap: Rp445.2t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

RWE

Market Cap: €23.8b

Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.

Luzhou LaojiaoLtd

Market Cap: CN¥191.6b

Provides liquor products in China.

Poste Italiane

Market Cap: €23.5b

Provides postal, logistics, and financial and insurance products and services in Italy.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥190.0b

Inner Mongolia Yili Industrial Group Co., Ltd.

China Tower

Market Cap: HK$204.9b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Fifth Third Bancorp

Market Cap: US$26.2b

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.

Svenska Handelsbanken

Market Cap: SEK 252.2b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł97.8b

Provides various banking products and services in Poland and internationally.

Cellnex Telecom

Market Cap: €23.0b

Engages in the management of terrestrial telecommunications infrastructures in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland.

First Citizens BancShares

Market Cap: US$25.5b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.