Namibian Materials Defensive Blue Chips

Allegro MicroSystems

Market Cap: US$12.4b

Designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems.

Webster Financial

Market Cap: US$12.3b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Almarai

Market Cap: ر.س46.1b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Smith & Nephew

Market Cap: UK£9.3b

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

Tokyo GasLtd

Market Cap: JP¥2.0t

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

iA Financial

Market Cap: CA$17.4b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

BUA Foods

Market Cap: ₦16.9t

Processes, manufactures, produces, and distributes food materials in Nigeria.

Suzhou Everbright Photonics

Market Cap: CN¥83.1b

Engages in the research, development, packaging, and sale of optoelectronic devices and systems in China and internationally.

Taiwan Cooperative Financial Holding

Market Cap: NT$389.7b

Provides banking, insurance, securities, bills finance, investment trust, asset management, and capital management services in Taiwan.

Fresenius Medical Care

Market Cap: €10.6b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

First Horizon

Market Cap: US$12.1b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

SK Telecom

Market Cap: ₩18.9t

Engages in the provision of wireless telecommunication services in South Korea.

Israel Discount Bank

Market Cap: ₪36.1b

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

Yangzhou Yangjie Electronic Technology

Market Cap: CN¥82.1b

Yangzhou Yangjie Electronic Technology Co., Ltd.

Tele2

Market Cap: SEK 117.0b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

Saputo

Market Cap: CA$17.1b

Produces, markets, and distributes dairy products in Canada, the United States, Australia, and the United Kingdom.

Canara Bank

Market Cap: ₹1.1t

Provides various banking products and services in India and internationally.

Jerónimo Martins SGPS

Market Cap: €10.5b

Operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally.

Vanguard International Semiconductor

Market Cap: NT$381.9b

Engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices in Taiwan and internationally.

Molina Healthcare

Market Cap: US$12.0b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces in the United States.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫313.4t

Provides various banking products and services in Vietnam and internationally.

Maxone Semiconductor (Suzhou)

Market Cap: CN¥80.7b

Engages in the research, development, design, and manufacturing of semiconductor test solution products.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥80.4b

Henan Shuanghui Investment & Development Co.,Ltd.

Yokohama Financial Group

Market Cap: JP¥1.9t

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

Great Eastern Holdings

Market Cap: S$15.3b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

Italgas

Market Cap: €10.3b

Engages in the distribution of natural gas in Italy, Greece, and Other European Union countries.

Far EasTone Telecommunications

Market Cap: NT$373.3b

Provides mobile telecommunications services in Taiwan and internationally.

Aier Eye Hospital Group

Market Cap: CN¥79.4b

Operates as an ophthalmic medical company in China, Hong Kong, Europe, the United States, Europe, and Southeast Asia.

Dangote Cement

Market Cap: ₦16.1t

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

Ooredoo Q.P.S.C

Market Cap: ر.ق42.5b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Zhejiang Jingsheng Mechanical & Electrical

Market Cap: CN¥79.1b

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.

American Financial Group

Market Cap: US$11.6b

An insurance holding company, provides property and casualty insurance products in the United States.

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

Marico

Market Cap: ₹1.1t

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