Namibian Materials Defensive Blue Chips

Phoenix Financial

Market Cap: ₪42.9b

Operates as a financial services company in Israel.

Rambus

Market Cap: US$14.4b

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

Banco de Crédito e Inversiones

Market Cap: CL$13.2t

Provides various banking products and services in Chile, the United States, and Peru.

Unum Group

Market Cap: US$14.3b

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

DaVita

Market Cap: US$14.3b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Grupo Financiero Inbursa. de

Market Cap: Mex$250.2b

Provides various financial products and services to individuals and businesses in Mexico.

T&D Holdings

Market Cap: JP¥2.3t

Through its subsidiaries, provides insurance products and services in Japan.

Brookfield Wealth Solutions

Market Cap: US$14.2b

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

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق51.6b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Everest Group

Market Cap: US$14.1b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Suncorp Group

Market Cap: AU$20.4b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Union Bank of India

Market Cap: ₹1.3t

Provides banking products and services in India.

Cooper Companies

Market Cap: US$14.0b

Develops, manufactures, and markets contact lens wearers.

Mashreqbank PSC

Market Cap: د.إ51.4b

Provides various banking and financial services to individuals and corporates.

Reinsurance Group of America

Market Cap: US$13.9b

Provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

Globe Life

Market Cap: US$13.9b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Woori Financial Group

Market Cap: ₩21.5t

Operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally.

Sanan OptoelectronicsLtd

Market Cap: CN¥93.4b

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

Semtech

Market Cap: US$13.7b

Provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.

Hormel Foods

Market Cap: US$13.7b

Develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally.

Asahi Group Holdings

Market Cap: JP¥2.2t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Gjensidige Forsikring

Market Cap: NOK 134.5b

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

WH Group

Market Cap: HK$106.4b

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

McCormick

Market Cap: US$13.6b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

RenaissanceRe Holdings

Market Cap: US$13.5b

Provides reinsurance and insurance products in the United States and internationally.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp241.2t

Provides information and communications technology, and telecommunications network services worldwide.

Kirin Holdings Company

Market Cap: JP¥2.2t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

Metro

Market Cap: CA$19.1b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Realtek Semiconductor

Market Cap: NT$427.4b

Engages in the research, development, production, and sale of various integrated circuits and related application software in Taiwan, Asia, and internationally.

Hippo Valley Estates

Market Cap: US$1.7b

Together with its subsidiary, Chiredzi Township (Private) Limited, engages in the growing and milling of sugar cane in Zimbabwe and internationally.

SG Micro

Market Cap: CN¥90.9b

Engages in the development, manufacturing and sales of comprehensive analog and mixed-signal integrated-circuit (IC) solutions in Mainland China, Hong Kong, Taiwan, and internationally.

JD Health International

Market Cap: HK$104.9b

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

Britannia Industries

Market Cap: ₹1.3t

Manufactures and sells various food products in India and internationally.

Assurant

Market Cap: US$13.3b

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

Uni-President Enterprises

Market Cap: NT$423.3b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

Eastroc Beverage (Group)

Market Cap: CN¥90.1b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.