Nigerian Materials Defensive Blue Chips

Grupo Financiero Inbursa. de

Market Cap: Mex$246.4b

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

LONGi Green Energy Technology

Market Cap: CN¥95.3b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

Realtek Semiconductor

Market Cap: NT$444.9b

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

BrightSpring Health Services

Market Cap: US$14.0b

Operates as a home and community-based healthcare services platform 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.

Kerry Group

Market Cap: €12.2b

Provides taste and nutrition solutions.

Suncorp Group

Market Cap: AU$20.1b

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

James Hardie Industries

Market Cap: AU$20.1b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Kirin Holdings Company

Market Cap: JP¥2.2t

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

Ingenic SemiconductorLtd

Market Cap: CN¥93.6b

Engages in the research and development, design, and sale of integrated circuit chip products in China and internationally.

Gjensidige Forsikring

Market Cap: NOK 133.2b

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

Sanan OptoelectronicsLtd

Market Cap: CN¥93.3b

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

HDFC Life Insurance

Market Cap: ₹1.3t

Provides individual and group insurance solutions in India.

Reinsurance Group of America

Market Cap: US$13.7b

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

Hippo Valley Estates

Market Cap: US$1.8b

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

Chubu Electric Power Company

Market Cap: JP¥2.2t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

JD Health International

Market Cap: HK$106.1b

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

Tryg

Market Cap: DKK 87.8b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

DaVita

Market Cap: US$13.5b

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

Uni-President Enterprises

Market Cap: NT$426.7b

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

Everest Group

Market Cap: US$13.4b

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

Kokusai Electric

Market Cap: JP¥2.2t

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

Admiral Group

Market Cap: UK£10.1b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, and Spain.

Globe Life

Market Cap: US$13.4b

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

Insurance Australia Group

Market Cap: AU$19.3b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Punjab National Bank

Market Cap: ₹1.3t

Provides various banking and financial products and services in India and internationally.

Henan Shijia Photons Technology

Market Cap: CN¥90.4b

Henan Shijia Photons Technology Co., Ltd.

Metro

Market Cap: CA$18.9b

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

Britannia Industries

Market Cap: ₹1.3t

Manufactures and sells various food products in India and internationally.

Hormel Foods

Market Cap: US$13.3b

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

Piraeus Bank

Market Cap: €11.5b

Provides various banking products and services in Greece, Europe, and internationally.

Anhui Conch Cement

Market Cap: CN¥88.9b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Coloplast

Market Cap: DKK 85.0b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Turkiye Garanti Bankasi

Market Cap: ₺604.8b

Provides various banking products and services in Turkey.

Banque Saudi Fransi

Market Cap: ر.س48.9b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.