Namibian Consumer Services Defensive Blue Chips

Banca Monte dei Paschi di Siena

Market Cap: €26.4b

Provides retail and commercial banking services in Italy.

Disco

Market Cap: JP¥4.8t

Manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally.

Swiss Life Holding

Market Cap: CHF 24.5b

Provides life, pensions, and financial solutions for private and corporate clients.

Willis Towers Watson

Market Cap: US$30.4b

Operates as an advisory, broking, and solutions company worldwide.

Fomento Económico Mexicano. de

Market Cap: Mex$558.7b

Through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.

ASE Technology Holding

Market Cap: NT$949.1b

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

Kraft Heinz

Market Cap: US$30.1b

Manufactures and markets food and beverage products in North America and internationally.

Foshan Haitian Flavouring and Food

Market Cap: CN¥212.9b

Foshan Haitian Flavouring and Food Company Ltd.

China Everbright Bank

Market Cap: CN¥211.6b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

W. R. Berkley

Market Cap: US$29.6b

An insurance holding company, operates as a commercial line writer worldwide.

Federal Home Loan Mortgage

Market Cap: US$29.5b

Operates in the secondary mortgage market in the United States.

Naturgy Energy Group

Market Cap: €25.4b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

Avenue Supermarts

Market Cap: ₹2.6t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

Malayan Banking Berhad

Market Cap: RM 120.6b

Provides commercial banking and related financial products and services.

Vodafone Group

Market Cap: UK£22.0b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

Kellanova

Market Cap: US$29.0b

Manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa.

Kioxia Holdings

Market Cap: JP¥4.5t

Engages in the development, production and sale of flash memory and solid state drives (SSDs) in Japan and internationally.

M&T Bank

Market Cap: US$28.8b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

Power Grid Corporation of India

Market Cap: ₹2.6t

An electric power transmission utility, engages in the power transmission business in India and internationally.

Sompo Holdings

Market Cap: JP¥4.5t

Provides property and casualty insurance services in Japan and internationally.

National Bank of KuwaitK.P

Market Cap: د.ك8.8b

Provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Advanced Info Service

Market Cap: ฿919.0b

Operates as a telecommunications and technology company primarily in Thailand.

Dai-ichi Life Holdings

Market Cap: JP¥4.5t

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

China Tower

Market Cap: HK$220.1b

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

Atmos Energy

Market Cap: US$28.2b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Archer-Daniels-Midland

Market Cap: US$28.2b

Engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions.

Bank Mandiri (Persero)

Market Cap: Rp469.0t

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

Luzhou LaojiaoLtd

Market Cap: CN¥198.6b

Produces and sells alcoholic products in China and internationally.

Fifth Third Bancorp

Market Cap: US$28.0b

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.

Amrize

Market Cap: CHF 22.5b

Focuses on building materials business in North America.

First Solar

Market Cap: US$27.9b

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

Bank Hapoalim B.M

Market Cap: ₪91.4b

Provides various banking and financial services in Israel and internationally.

Bank of Jiangsu

Market Cap: CN¥196.4b

Provides various banking products and services in China.

Microchip Technology

Market Cap: US$27.7b

Develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.

Humana

Market Cap: US$27.6b

Provides medical and specialty insurance products in the United States.

Nestlé India

Market Cap: ₹2.5t

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