Mexican Materials Defensive Blue Chips

SBI Shinsei Bank

Market Cap: JP¥1.7t

Provides banking and financial products and services to individual customers, corporations, public-sector entities, and financial institutions in Japan.

Rambus

Market Cap: US$11.0b

Manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally.

Dino Polska

Market Cap: zł39.0b

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

Olympus

Market Cap: JP¥1.7t

Manufactures and sells medical equipment in Japan, America, the Middle East, Asia, and Oceania.

Harel Insurance Investments & Financial Services

Market Cap: ₪33.8b

Offers insurance and financial services in Israel, Europe, and internationally.

Busy Ming Group

Market Cap: HK$85.3b

Through its subsidiaries, operates as a food and beverage retailer in China.

Assurant

Market Cap: US$10.9b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

SiTime

Market Cap: US$10.9b

Engages in the design, development, and sale of silicon timing systems solutions in Hong Kong, Taiwan, the United States, Singapore, and internationally.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥75.1b

Beijing E-Town Semiconductor Technology Co., Ltd.

Marks and Spencer Group

Market Cap: UK£8.0b

Operates various retail stores.

Komercní banka

Market Cap: Kč221.3b

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

Onto Innovation

Market Cap: US$10.8b

Engages in the design, development, manufacture, and support of process control tools that performs optical metrology and inspection worldwide.

KT

Market Cap: ₩15.6t

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

ICICI Lombard General Insurance

Market Cap: ₹976.3b

Provides various general insurance products and services in India.

American Financial Group

Market Cap: US$10.8b

An insurance holding company, provides specialty property and casualty insurance products in the United States.

Mora Telematika Indonesia

Market Cap: Rp182.1t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.

Bank Albilad

Market Cap: ر.س40.2b

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

J Sainsbury

Market Cap: UK£7.9b

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

Bank of the Philippine Islands

Market Cap: ₱617.7b

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

Tongfu MicroelectronicsLtd

Market Cap: CN¥73.6b

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

Tsingtao Brewery

Market Cap: CN¥73.5b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Shree Cement

Market Cap: ₹961.0b

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

Akbank T.A.S

Market Cap: ₺462.3b

Provides various banking products and services in Turkey and internationally.

Global Unichip

Market Cap: NT$331.7b

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.

Far EasTone Telecommunications

Market Cap: NT$331.4b

Engages in the provision of telecommunications and digital application services in Taiwan.

Chiba Bank

Market Cap: JP¥1.6t

Provides banking products and services in Japan and internationally.

Suzhou Centec Communications

Market Cap: CN¥72.8b

Engages in the research and development of ethernet switch chips and supporting products in China and internationally.

Molson Coors Beverage

Market Cap: US$10.5b

Manufactures, markets, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Shizuoka Financial GroupInc

Market Cap: JP¥1.6t

Provides various banking products and services.

Chongqing Rural Commercial Bank

Market Cap: HK$81.7b

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

KGI Financial Holding

Market Cap: NT$326.8b

Engages in the commercial banking, securities, venture capital, and insurance businesses in Taiwan and internationally.

ICICI Prudential Life Insurance

Market Cap: ₹939.8b

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

Caixa Seguridade Participações

Market Cap: R$54.1b

Provides various life and non-life insurance products in Brazil.

Old Republic International

Market Cap: US$10.4b

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

Redeia Corporación

Market Cap: €8.7b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

Pilgrim's Pride

Market Cap: US$10.3b

Produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, Europe, and Mexico.