Nigerian Software Defensive Blue Chips

Union Bank of India

Market Cap: ₹1.2t

Provides banking products and services in India.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 56.2b

Produces and supplies hydro, wind, and energy electricity in Romania.

Fisher & Paykel Healthcare

Market Cap: NZ$22.3b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Origin Energy

Market Cap: AU$19.4b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

RenaissanceRe Holdings

Market Cap: US$12.8b

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

CNA Financial

Market Cap: US$12.8b

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

Krung Thai Bank

Market Cap: ฿398.3b

Engages in commercial banking business in Thailand and internationally.

CP ALL

Market Cap: ฿396.6b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

Mowi

Market Cap: NOK 128.3b

A seafood company, produces and sells Atlantic salmon products worldwide.

GAIL (India)

Market Cap: ₹1.1t

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

Guangdong Haid Group

Market Cap: CN¥88.6b

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

Suncorp Group

Market Cap: AU$18.9b

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

mBank

Market Cap: zł45.0b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

Shanghai Rural Commercial Bank

Market Cap: CN¥88.0b

Engages in commercial banking business in China.

BJ's Wholesale Club Holdings

Market Cap: US$12.4b

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

Insurance Australia Group

Market Cap: AU$18.6b

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

Penumbra

Market Cap: US$12.4b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Taiwan Cooperative Financial Holding

Market Cap: NT$389.7b

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

ING Bank Slaski

Market Cap: zł44.2b

Together with our subsidiaries, provides various banking products and services for retail clients and businesses in Poland.

BB Seguridade Participações

Market Cap: R$68.5b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Saputo

Market Cap: CA$16.8b

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

Kirin Holdings Company

Market Cap: JP¥1.9t

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

SinoPac Financial Holdings

Market Cap: NT$384.3b

Through its subsidiaries, provides banking, securities, investment, leasing, and venture capital services worldwide.

True Corporation

Market Cap: ฿380.1b

Provides telecommunications and value-added services in Thailand.

Sanlam

Market Cap: R203.5b

Provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, Asia, and internationally.

BE Semiconductor Industries

Market Cap: €10.3b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

BDO Unibank

Market Cap: ₱713.2b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

ACM Research (Shanghai)

Market Cap: CN¥85.1b

Engages in the research, development, production, and sale of semiconductor equipment in China.

Indus Towers

Market Cap: ₹1.1t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

Maplebear

Market Cap: US$12.1b

Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America.

First Horizon

Market Cap: US$12.0b

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

IDBI Bank

Market Cap: ₹1.1t

Provides banking and financial solutions to retail and corporate customers in India.

Jentech Precision Industrial

Market Cap: NT$378.0b

Manufactures, processes, and trades in precision tooling, and electronic parts and components in Taiwan and China.

Assurant

Market Cap: US$12.0b

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

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ43.8b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

Sejahteraraya Anugrahjaya

Market Cap: Rp198.0t

Provides medical services in Indonesia.