Mexican Software Defensive Blue Chips

Brookfield Wealth Solutions

Market Cap: US$14.6b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫382.7t

Provides various banking products and services for individuals, corporate customers, and financial institutions in Vietnam.

Telecom Italia

Market Cap: €12.4b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

Guobo Electronics

Market Cap: CN¥100.9b

Engages in the research and development, production, and sale of active phased array transmitter and receiver components and radio frequency integrated circuit related products in China.

Performance Food Group

Market Cap: US$14.5b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Kasikornbank

Market Cap: ฿452.3b

Provides commercial banking products and services in Thailand and internationally.

Hua Nan Financial Holdings

Market Cap: NT$450.9b

Provides financial services in Taiwan and internationally.

Israel Discount Bank

Market Cap: ₪45.0b

Provides various banking and financial services in Israel, Europe, and North America.

Raiffeisen Bank International

Market Cap: €12.2b

Offers banking services to corporate, private, and institutional customers.

Turkiye Garanti Bankasi

Market Cap: ₺613.6b

Provides various banking products and services in Turkey.

Mashreqbank PSC

Market Cap: د.إ52.1b

Provides various banking and financial services to individuals and corporates.

Winbond Electronics

Market Cap: NT$449.1b

Engages in the design, development, manufacture, and marketing of very large scale integration integrated circuits (ICs) for various microelectronic applications in Asia, the Americas, Europe, and internationally.

Elia Group

Market Cap: €12.2b

Develops and operates as a transmission system operator in Belgium and Germany.

WH Group

Market Cap: HK$109.7b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Tower Semiconductor

Market Cap: US$14.0b

An independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe.

Kerry Group

Market Cap: €12.0b

Provides taste and nutrition solutions.

Tokyo GasLtd

Market Cap: JP¥2.2t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Etihad Etisalat

Market Cap: ر.س52.1b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Woori Financial Group

Market Cap: ₩20.5t

Operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

Smith & Nephew

Market Cap: UK£10.3b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Fidelity National Financial

Market Cap: US$13.9b

Provides various insurance products in the United States.

Gjensidige Forsikring

Market Cap: NOK 138.9b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Jiangsu Yanghe Distillery

Market Cap: CN¥95.4b

Offers liquors and wines.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥95.2b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

Samsung Fire & Marine Insurance

Market Cap: ₩20.1t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Celsius Holdings

Market Cap: US$13.6b

Develops, processes, manufactures, markets, sells, and distributes functional energy drinks in the United States, North America, Europe, the Asia Pacific, and internationally.

Uni-President Enterprises

Market Cap: NT$429.0b

Produces and sells food products in Taiwan and internationally.

Osaka Gas

Market Cap: JP¥2.1t

Provides gas, electricity, and other energy products and services in Japan and internationally.

Everest Group

Market Cap: US$13.4b

Through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

ACM Research (Shanghai)

Market Cap: CN¥93.4b

Engages in the research, development, production, and sale of semiconductor equipment in China.

James Hardie Industries

Market Cap: AU$20.0b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

First Financial Holding

Market Cap: NT$422.8b

Through its subsidiaries, provides various financial products and services in Taiwan, Asia, America, Europe, Oceania, and internationally.

Brookfield Renewable

Market Cap: US$13.3b

Owns and operates a portfolio of renewable power and sustainable solution assets.

Ryan Specialty Holdings

Market Cap: US$13.3b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, and Singapore.

Vodafone Idea

Market Cap: ₹1.2t

Provides mobile telecommunication services in India.

Unum Group

Market Cap: US$13.3b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.