Dutch Utilities Defensive Blue Chips

Olympus

Market Cap: JP¥2.2t

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

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.

Grupo Bimbo. de

Market Cap: Mex$236.6b

Produces, distributes, and markets bakery products.

Mora Telematika Indonesia

Market Cap: Rp244.8t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.

Tokyo GasLtd

Market Cap: JP¥2.1t

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

GlobalWafers

Market Cap: NT$436.0b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

RenaissanceRe Holdings

Market Cap: US$13.7b

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

Carrefour

Market Cap: €11.9b

Operates as a food retailer in France, Spain, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, Asia, and internationally.

Phison Electronics

Market Cap: NT$435.7b

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

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق49.4b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

United Utilities Group

Market Cap: UK£10.1b

Provides water and wastewater services in the United Kingdom.

Yokohama Financial Group

Market Cap: JP¥2.1t

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

Skyworks Solutions

Market Cap: US$13.5b

Develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.

Aegon

Market Cap: €11.8b

Provides insurance services in the Americas, the Netherlands, the United Kingdom, and internationally.

SK Telecom

Market Cap: ₩18.7t

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

Metro

Market Cap: CA$18.8b

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

Uni-President Enterprises

Market Cap: NT$429.0b

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

Harel Insurance Investments & Financial Services

Market Cap: ₪40.8b

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

McCormick

Market Cap: US$13.4b

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

Shenzhen Techwinsemi Technology

Market Cap: CN¥90.0b

Develops, manufactures, and sells storage control chips and modules in China and internationally.

Insurance Australia Group

Market Cap: AU$18.9b

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

Globe Life

Market Cap: US$13.3b

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

iA Financial

Market Cap: CA$18.6b

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

Brookfield Wealth Solutions

Market Cap: US$13.3b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Kinsus Interconnect Technology

Market Cap: NT$424.2b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Coca-Cola Consolidated

Market Cap: US$13.2b

Manufactures, markets, and distributes nonalcoholic beverages in the United States.

Etihad Etisalat

Market Cap: ر.س49.6b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Banque Cantonale Vaudoise

Market Cap: CHF 10.9b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Tongfu MicroelectronicsLtd

Market Cap: CN¥88.5b

Provides integrated circuit (IC) encapsulation test services in China and internationally.

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

CNA Financial

Market Cap: US$13.1b

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

KT&G

Market Cap: ₩18.0t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

Dangote Cement

Market Cap: ₦17.3t

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

J. M. Smucker

Market Cap: US$13.0b

Manufactures and markets branded food and beverage products worldwide.

Shanghai Iluvatar CoreX Semiconductor

Market Cap: HK$101.3b

Shanghai Iluvatar CoreX Semiconductor Co., Ltd.

Jerónimo Martins SGPS

Market Cap: €11.2b

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