Malawian Utilities Defensive Blue Chips

OmniVision Integrated Circuits Group

Market Cap: CN¥150.4b

OmniVision Integrated Circuits Group, Inc.

Public Bank Berhad

Market Cap: RM 86.3b

Provides banking products and services.

CIMB Group Holdings Berhad

Market Cap: RM 86.0b

Provides various banking products and services in Malaysia and internationally.

Tyson Foods

Market Cap: US$21.0b

Operates as a food company worldwide.

Sumitomo Mitsui Trust Group

Market Cap: JP¥3.2t

Operates as a trust bank in Japan and internationally.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp348.7t

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

Ajinomoto

Market Cap: JP¥3.2t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

Terna

Market Cap: €17.7b

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

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ76.3b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

GlobalFoundries

Market Cap: US$20.7b

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

Riyad Bank

Market Cap: ر.س77.1b

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

Insulet

Market Cap: US$20.5b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

Quest Diagnostics

Market Cap: US$20.5b

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

Heineken Holding

Market Cap: €17.4b

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

Associated British Foods

Market Cap: UK£15.0b

Engages in the food, ingredients, and retail businesses worldwide.

Casey's General Stores

Market Cap: US$20.0b

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

NN Group

Market Cap: €17.0b

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

Principal Financial Group

Market Cap: US$19.9b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Centene

Market Cap: US$19.9b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

Bank of Nanjing

Market Cap: CN¥140.0b

Provides various financial products and services in China.

Cellnex Telecom

Market Cap: €16.9b

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.

Bank of Shanghai

Market Cap: CN¥139.7b

Provides various banking products and services in China.

Telefônica Brasil

Market Cap: R$107.2b

Operates as a mobile telecommunications company in Brazil.

Coca-Cola FEMSA. de

Market Cap: US$19.7b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Gulf Development

Market Cap: ฿620.0b

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

United Microelectronics

Market Cap: NT$617.7b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

Banco de Sabadell

Market Cap: €16.7b

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

Coloplast

Market Cap: DKK 124.3b

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

QBE Insurance Group

Market Cap: AU$29.4b

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

Eastroc Beverage(Group)

Market Cap: CN¥137.4b

Engages in the research and development, production, and sales of beverages in China.

Telenor

Market Cap: NOK 198.3b

Operates as a telecommunication company worldwide.

Banco de Crédito del Perú

Market Cap: S/65.4b

Provides banking products and services to individuals, small and medium-sized enterprises (SME), and companies in Peru, Panama, and the United States.

Coles Group

Market Cap: AU$28.8b

Operates as a retailer in Australia.

Mizrahi Tefahot Bank

Market Cap: ₪61.6b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

Fortum Oyj

Market Cap: €16.2b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

Straumann Holding

Market Cap: CHF 15.2b

Provides tooth replacement and orthodontic solutions worldwide.