Mexican Materials Defensive Blue Chips

Tongfu MicroelectronicsLtd

Market Cap: CN¥72.9b

Provides integrated circuit (IC) encapsulation test services in China and internationally.

Global Unichip

Market Cap: NT$333.7b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.

United Spirits

Market Cap: ₹970.4b

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

Jinko Solar

Market Cap: CN¥72.5b

Engages in the research, development, manufacturing, and sale of photovoltaic products and clean energy solutions in China, Europe, America, the Asia Pacific, and internationally.

Chongqing Rural Commercial Bank

Market Cap: HK$82.0b

Provides banking services in the People’s Republic of China.

Discovery

Market Cap: R174.4b

Provides various insurance products and services primarily in South Africa and the United Kingdom.

Zhejiang Zheneng Electric Power

Market Cap: CN¥72.4b

Zhejiang Zheneng Electric Power Co., Ltd.

Bangkok Bank

Market Cap: ฿332.1b

Provides various commercial banking products and services in Thailand and internationally.

Old Republic International

Market Cap: US$10.5b

Through its subsidiaries, provides insurance underwriting and related services in the United States and Canada.

Bank of the Philippine Islands

Market Cap: ₱608.7b

Provides various financial products and services to retail and corporate clients in the Philippines.

Dino Polska

Market Cap: zł38.6b

Operates a network of medium-sized grocery supermarkets under the Dino brand in Poland.

Bangkok Dusit Medical Services

Market Cap: ฿329.0b

Operates hospitals in Thailand and internationally.

Sanan OptoelectronicsLtd

Market Cap: CN¥71.6b

Engages in the research, development, production, and sale of compound semiconductor materials and devices in China and internationally.

Taiwan Mobile

Market Cap: NT$328.2b

Provides wireless communication services in Taiwan, the Republic of China, and internationally.

BUA Foods

Market Cap: ₦14.2t

Processes, manufactures, produces, and distributes food materials in Nigeria.

BKW

Market Cap: CHF 8.1b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Bank of Chengdu

Market Cap: CN¥71.0b

Provides various commercial banking products and services in China.

China Taiping Insurance Holdings

Market Cap: HK$80.4b

An investment holding company, underwrites various insurance and reinsurance products in the People’s Republic of China, Hong Kong, Macau, Singapore, and internationally.

DaVita

Market Cap: US$10.3b

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

ICICI Prudential Life Insurance

Market Cap: ₹947.0b

Provides life insurance, annuity, pension, and health insurance products to individuals and groups in India.

iA Financial

Market Cap: CA$14.0b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

KT

Market Cap: ₩15.2t

Provides integrated telecommunications and platform services in South Korea, rest of Asia, and internationally.

ICICI Lombard General Insurance

Market Cap: ₹944.4b

Provides various general insurance products and services in India.

Caixa Seguridade Participações

Market Cap: R$53.9b

Provides insurance products in Brazil and internationally.

Komercní banka

Market Cap: Kč214.9b

Provides various retail, corporate, and investment banking services primarily in the Czech Republic, and Central and Eastern Europe.

ENN Energy Holdings

Market Cap: HK$79.9b

An investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People’s Republic of China.

Shree Cement

Market Cap: ₹942.6b

Engages in the manufacture and sale of cement and clinker in India and internationally.

J Sainsbury

Market Cap: UK£7.6b

Engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom.

OPC Energy

Market Cap: ₪31.5b

Engages in the development, construction, operation, generation, and supply of electricity in Israel.

Bank Albilad

Market Cap: ر.س38.1b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Piraeus Bank

Market Cap: €8.7b

Provides various banking products and services in Greece.

Baxter International

Market Cap: US$10.1b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Beazley

Market Cap: UK£7.6b

Provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally.

Oklo

Market Cap: US$10.1b

Develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to the customers in the United States.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥69.7b

Beijing E-Town Semiconductor Technology Co., Ltd.

China Resources Microelectronics

Market Cap: CN¥69.5b

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