Namibian Software Defensive Blue Chips

Shanghai Rural Commercial Bank

Market Cap: CN¥80.6b

Engages in commercial banking business in China.

Pro Medicus

Market Cap: AU$17.0b

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.

BJ's Wholesale Club Holdings

Market Cap: US$11.9b

Operates membership warehouse clubs on the eastern half of the United States.

Tele2

Market Cap: SEK 115.0b

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

Aier Eye Hospital Group

Market Cap: CN¥79.9b

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

Far EasTone Telecommunications

Market Cap: NT$382.3b

Provides mobile telecommunications services in Taiwan and internationally.

Harel Insurance Investments & Financial Services

Market Cap: ₪36.0b

Offers insurance and financial services in Israel, Europe, and internationally.

Canara Bank

Market Cap: ₹1.1t

Provides various banking products and services in India and internationally.

Semtech

Market Cap: US$11.7b

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

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Beijing YanDong MicroElectronic

Market Cap: CN¥79.2b

Beijing YanDong MicroElectronic Co., Ltd.

Erie Indemnity

Market Cap: US$11.7b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥79.1b

Engages in the clean energy business in China.

Olympus

Market Cap: JP¥1.9t

Engages in the manufacture and sale of medical equipment in Japan, America, the Middle East, Asia, and Oceania.

HANMI Semiconductor

Market Cap: ₩17.0t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Realtek Semiconductor

Market Cap: NT$376.8b

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

Arab National Bank

Market Cap: ر.س43.5b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Ooredoo Q.P.S.C

Market Cap: ر.ق42.2b

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

Italgas

Market Cap: €10.2b

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

Guangdong Haid Group

Market Cap: CN¥78.4b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥78.3b

Engages in the generation and sale of electricity in China.

Saputo

Market Cap: CA$16.3b

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

Bank of Chengdu

Market Cap: CN¥78.0b

Provides various banking products and services in China.

Budweiser Brewing Company APAC

Market Cap: HK$89.7b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally.

Insulet

Market Cap: US$11.4b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

Chiba Bank

Market Cap: JP¥1.9t

Provides banking products and services in Japan and internationally.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥76.5b

Beijing E-Town Semiconductor Technology Co., Ltd.

Turkiye Garanti Bankasi

Market Cap: ₺533.8b

Provides various banking products and services in Turkey.

Japan Post Insurance

Market Cap: JP¥1.8t

Engages in the provision of life insurance products and services in Japan.

Phison Electronics

Market Cap: NT$364.8b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

Encompass Health

Market Cap: US$11.2b

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

United Spirits

Market Cap: ₹1.1t

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

Hong Leong Bank Berhad

Market Cap: RM 45.7b

Operates as a financial services company in Malaysia and internationally.

Tata Consumer Products

Market Cap: ₹1.1t

Manufactures, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

BUA Foods

Market Cap: ₦15.2t

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