Norwegian Tech Defensive Blue Chips

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥200.3b

Advanced Micro-Fabrication Equipment Inc.

Bank of Jiangsu

Market Cap: CN¥200.2b

Provides various banking products and services in China.

Sampo Oyj

Market Cap: €25.3b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

New China Life Insurance

Market Cap: CN¥199.7b

Provides life insurance products and services to individuals and institutions in China.

Dollar General

Market Cap: US$28.8b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Capitec Bank Holdings

Market Cap: R485.3b

Through its subsidiaries, provides various banking products and services in South Africa.

CGN Power

Market Cap: HK$223.1b

Operates and manages nuclear power stations, sells electricity generated by these stations, and provides related technical services in the People’s Republic of China.

BT Group

Market Cap: UK£21.4b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

OTP Bank Nyrt

Market Cap: Ft9.7t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

Samsung Life Insurance

Market Cap: ₩42.2t

Engages in the life insurance business to corporate and individual customers in South Korea and internationally.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥193.0b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Naturgy Energy Group

Market Cap: €24.2b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

China Everbright Bank

Market Cap: CN¥191.3b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Huaneng Lancang River Hydropower

Market Cap: CN¥191.2b

Engages in the development, construction, operation, and management of hydropower and new energy power generation projects.

Ajinomoto

Market Cap: JP¥4.4t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ100.9b

Provides banking products and services in the United Arab Emirates and internationally.

Willis Towers Watson

Market Cap: US$27.4b

Operates as an advisory, broking, and solutions company worldwide.

Veolia Environnement

Market Cap: €23.8b

Designs and provides water, waste, and energy management solutions.

BNP Paribas Fortis

Market Cap: €23.7b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

Montage Technology

Market Cap: CN¥187.4b

An integrated circuit (IC) design company, provides IC-based solutions for cloud computing and data center markets in the People’s Republic of China.

Kraft Heinz

Market Cap: US$27.1b

Manufactures and markets food and beverage products in North America and internationally.

American Water Works Company

Market Cap: US$27.0b

Through its subsidiaries, provides water and wastewater services in the United States.

George Weston

Market Cap: CA$37.0b

Provides food and drug retailing, and financial services in Canada.

Avenue Supermarts

Market Cap: ₹2.5t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

Nanya Technology

Market Cap: NT$855.2b

Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.

VERBUND

Market Cap: €23.2b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Credicorp

Market Cap: US$26.6b

Provides various banking services and products in Peru, Bermuda, Colombia, Bolivia, Panama, Chile, the United States, the Cayman Islands, and Mexico.

China National Nuclear Power

Market Cap: CN¥182.4b

Engages in the investment, development, construction, operation, and management of nuclear power projects in the People's Republic of China.

Constellation Brands

Market Cap: US$26.3b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.

Koninklijke Philips

Market Cap: €22.9b

Operates as a health technology company in North America, the Greater China, and internationally.

ABN AMRO Bank

Market Cap: €22.9b

Provides various banking products and financial services to retail, private, and corporate banking clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Aviva

Market Cap: UK£19.8b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, India, and China.

Bank Mandiri (Persero)

Market Cap: Rp441.1t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

National Bank of KuwaitK.P

Market Cap: د.ك7.9b

Provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

DexCom

Market Cap: US$25.9b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally.

Gulf Development

Market Cap: ฿847.8b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.