Malaysian Software Defensive Blue Chips

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫282.6t

Provides various banking products and services in Vietnam and internationally.

BKW

Market Cap: CHF 8.4b

An 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.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥73.1b

Engages in the clean energy business in China.

Tsingtao Brewery

Market Cap: CN¥73.1b

Engages in the manufacture and sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

China Resources Beer (Holdings)

Market Cap: HK$83.9b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Marico

Market Cap: ₹1.0t

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Komercní banka

Market Cap: Kč222.7b

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

Sanan OptoelectronicsLtd

Market Cap: CN¥72.7b

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

J Sainsbury

Market Cap: UK£7.9b

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

Discovery

Market Cap: R175.1b

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

Dangote Cement

Market Cap: ₦14.2t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Sejahteraraya Anugrahjaya

Market Cap: Rp182.4t

Provides medical services in Indonesia.

BDO Unibank

Market Cap: ₱634.9b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

United Spirits

Market Cap: ₹989.0b

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

Waaree Energies

Market Cap: ₹986.0b

Manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects.

Pro Medicus

Market Cap: AU$14.7b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

Bank Albilad

Market Cap: ر.س39.4b

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

Eneva

Market Cap: R$52.3b

An integrated energy company, engages in the exploration, production, and commercialization of natural gas and liquids in Brazil.

Alchip Technologies

Market Cap: NT$330.4b

Engages in the research, design, development, and manufacturing of application specific integrated circuits and system on a chip in the United States, China, Japan, Taiwan, and internationally.

SD Guthrie Berhad

Market Cap: RM 41.4b

Operates as an integrated plantations company in Malaysia and internationally.

Boubyan Bank K.S.C.P

Market Cap: د.ك3.2b

Provides various banking products and services in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Max Healthcare Institute

Market Cap: ₹978.1b

Provides medical and healthcare services in India.

Globalstar

Market Cap: US$10.3b

Provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally.

Old Republic International

Market Cap: US$10.3b

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

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫271.1t

Provides various banking products and services in Vietnam and internationally.

Encompass Health

Market Cap: US$10.2b

Operates inpatient rehabilitation hospitals in the United States and Puerto Rico.

Japan Post Insurance

Market Cap: JP¥1.6t

Provides life insurance products and services in Japan.

Jinko Solar

Market Cap: CN¥69.4b

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

Beazley

Market Cap: UK£7.5b

Through its subsidiaries, provides risk insurance and reinsurance solutions in the United States, the United Kingdom, and rest of Europe.

Buzzi

Market Cap: €8.7b

Manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates.

Maplebear

Market Cap: US$10.1b

Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally.

Wintrust Financial

Market Cap: US$10.1b

A financial holding company, provides community-oriented, personal, and commercial banking services in the United States.

China Taiping Insurance Holdings

Market Cap: HK$79.2b

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

Yokohama Financial Group

Market Cap: JP¥1.6t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

KT

Market Cap: ₩14.9t

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

BIM Birlesik Magazalar

Market Cap: ₺452.4b

Operates retail stores in Turkey, Morocco, and Egypt.