Nigerian Retail Defensive Blue Chips

Centene

Market Cap: US$18.6b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

NN Group

Market Cap: €15.9b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

Tyson Foods

Market Cap: US$18.4b

Operates as a food company worldwide.

Bank of Shanghai

Market Cap: CN¥130.6b

Provides various banking products and services in China.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$2.4b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Tenaga Nasional Berhad

Market Cap: RM 77.1b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

Principal Financial Group

Market Cap: US$18.2b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

HDFC Life Insurance

Market Cap: ₹1.6t

Provides individual and group insurance solutions in India.

Dollar Tree

Market Cap: US$18.2b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

Shanghai United Imaging Healthcare

Market Cap: CN¥128.3b

Shanghai United Imaging Healthcare Co., Ltd.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp298.2t

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

Koninklijke KPN

Market Cap: €15.4b

Provides telecommunications and information technology (IT) services in the Netherlands.

Banco de Crédito del Perú

Market Cap: S/61.1b

Provides banking products and services to individuals, small-sized companies, and corporate customers in Peru.

Saudi Awwal Bank

Market Cap: ر.س66.6b

Provides banking and financial services in the Kingdom of Saudi Arabia.

McCormick

Market Cap: US$17.7b

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

Alinma Bank

Market Cap: ر.س66.5b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Straumann Holding

Market Cap: CHF 14.2b

Provides tooth replacement and orthodontic solutions worldwide.

Wens Foodstuff Group

Market Cap: CN¥125.4b

Operates as an agricultural and animal husbandry company in China.

JDE Peet's

Market Cap: €15.1b

Operates as a coffee and tea company worldwide.

Coca-Cola FEMSA. de

Market Cap: US$17.4b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

E.SUN Financial Holding Company

Market Cap: NT$533.1b

Provides various financial banking products and services in Taiwan.

Saudi Electricity

Market Cap: ر.س65.1b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥123.5b

China Three Gorges Renewables (Group) Co.,Ltd.

Asahi Group Holdings

Market Cap: JP¥2.6t

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

Tenet Healthcare

Market Cap: US$17.2b

Operates as a diversified healthcare services company in the United States.

Mizrahi Tefahot Bank

Market Cap: ₪56.5b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

US Foods Holding

Market Cap: US$16.9b

Engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Varun Beverages

Market Cap: ₹1.5t

Manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands.

Fortum Oyj

Market Cap: €14.6b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

Erie Indemnity

Market Cap: US$16.8b

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

CK Infrastructure Holdings

Market Cap: HK$130.4b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

IHH Healthcare Berhad

Market Cap: RM 70.6b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

Arca Continental. de

Market Cap: Mex$305.2b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Aier Eye Hospital Group

Market Cap: CN¥117.7b

Operates as a ophthalmology chain medical company in China, Hong Kong, Europe, the United States, and Southeast Asia.

Sonova Holding

Market Cap: CHF 13.3b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Rede D'Or São Luiz

Market Cap: R$87.8b

Operates a network of hospitals in Brazil.