Malaysian Software Defensive Blue Chips

DexCom

Market Cap: US$26.7b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally.

Luzhou LaojiaoLtd

Market Cap: CN¥189.7b

Produces and sells alcoholic products in China and internationally.

Amrize

Market Cap: CHF 21.5b

Focuses on building materials business in North America.

Grupo Financiero Banorte. de

Market Cap: Mex$493.6b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

Ajinomoto

Market Cap: JP¥4.1t

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

SSE

Market Cap: UK£20.0b

Engages in the generation, transmission, distribution, and supply of electricity.

China Tower

Market Cap: HK$205.2b

Provides telecommunication tower infrastructure services in the People's Republic of China.

BNP Paribas Fortis

Market Cap: €22.6b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

Bank Hapoalim B.M

Market Cap: ₪86.4b

Provides various banking and financial services in Israel and internationally.

Koninklijke Philips

Market Cap: €22.5b

Operates as a health technology company in North America, the Greater China, and internationally.

Credo Technology Group Holding

Market Cap: US$26.1b

Provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

Svenska Handelsbanken

Market Cap: SEK 248.5b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Nestlé India

Market Cap: ₹2.3t

Engages in the manufacture and sale of food products in India and internationally.

Bank of Jiangsu

Market Cap: CN¥185.7b

Provides various banking products and services in China.

China National Nuclear Power

Market Cap: CN¥184.9b

Engages in the investment, development, construction, operation, and management of nuclear power projects in the People's Republic of China.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س97.0b

Provides private health and ancillary services.

JD Health International

Market Cap: HK$200.4b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

VERBUND

Market Cap: €22.1b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥182.8b

Advanced Micro-Fabrication Equipment Inc.

EnBW Energie Baden-Württemberg

Market Cap: €22.1b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

ABN AMRO Bank

Market Cap: €22.0b

Provides various banking products and financial services to retail, private, and business clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

CGN Power

Market Cap: HK$198.8b

Operates and manages nuclear power stations, sells electricity generated by these stations, and provides related technical services in the People’s Republic of China.

ASE Technology Holding

Market Cap: NT$778.5b

Provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally.

Banca Monte dei Paschi di Siena

Market Cap: €21.9b

Provides retail and commercial banking services in Italy.

Cincinnati Financial

Market Cap: US$25.3b

Provides property casualty insurance products in the United States.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł92.5b

Provides various banking products and services in Poland and internationally.

First Solar

Market Cap: US$25.1b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

Capitec Bank Holdings

Market Cap: R437.4b

Through its subsidiaries, provides various banking products and services in South Africa.

Constellation Brands

Market Cap: US$25.0b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.

STMicroelectronics

Market Cap: €21.4b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

New China Life Insurance

Market Cap: CN¥176.0b

Provides life insurance products and services to individuals and institutions in China.

Markel Group

Market Cap: US$24.6b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

Huaneng Lancang River Hydropower

Market Cap: CN¥175.3b

Engages in the development, construction, operation, and management of hydropower projects.

Shinhan Financial Group

Market Cap: ₩35.0t

Provides financial products and services in South Korea and internationally.

Bank Mandiri (Persero)

Market Cap: Rp409.7t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥174.9b

Inner Mongolia Yili Industrial Group Co., Ltd.