Norwegian Utilities Defensive Blue Chips

Banca Monte dei Paschi di Siena

Market Cap: €10.3b

Engages in the provision of retail and commercial banking services in Italy.

Taiwan Mobile

Market Cap: NT$346.3b

Provides wireless communication services in Taiwan, Republic of China, and internationally.

Bankinter

Market Cap: €10.2b

Provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 52.2b

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

China Zheshang Bank

Market Cap: HK$88.8b

Provides various commercial banking products and services in Mainland China.

Doximity

Market Cap: US$11.3b

Operates a cloud-based digital platform for medical professionals in the United States.

GD Power DevelopmentLtd

Market Cap: CN¥81.7b

Operates as a power generation company in China.

China Resources Beer (Holdings)

Market Cap: HK$88.1b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Bangkok Dusit Medical Services

Market Cap: ฿375.1b

Operates hospitals in Thailand and internationally.

Giga Device Semiconductor

Market Cap: CN¥81.0b

A fabless company, provides engages in the research and development, technical support, and sales of memories, microcontrollers, and sensors.

Molson Coors Beverage

Market Cap: US$11.2b

Manufactures, markets, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Enel Américas

Market Cap: CL$10.5t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Penumbra

Market Cap: US$11.2b

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

Bancolombia

Market Cap: Col$46.8t

Provides banking products and services in Colombia and internationally.

Cochlear

Market Cap: AU$17.5b

Provides implantable hearing solutions for children and adults worldwide.

Canara Bank

Market Cap: ₹953.9b

Provides various banking products and services in India and internationally.

Anhui Gujing Distillery

Market Cap: CN¥80.3b

Engages in the production and sale of distilled wine in the People’s Republic of China and internationally.

Samsung Fire & Marine Insurance

Market Cap: ₩15.5t

Engages in the provision of non-life insurance products and services in Korea, China, the United States, Indonesia, Vietnam, Singapore, and the United Kingdom.

Ooredoo Q.P.S.C

Market Cap: ر.ق40.4b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Chongqing Rural Commercial Bank

Market Cap: HK$86.5b

Provides banking services in the People’s Republic of China.

HKT Trust and HKT

Market Cap: HK$86.3b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Bunge Global

Market Cap: US$11.0b

Operates as an agribusiness and food company worldwide.

WH Group

Market Cap: HK$86.0b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Infrastrutture Wireless Italiane

Market Cap: €9.8b

Operates in the electronic communications infrastructure sector in Italy.

Aegon

Market Cap: €9.8b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

Marico

Market Cap: ₹934.7b

Manufactures and sells consumer products in India.

Celcomdigi Berhad

Market Cap: RM 46.7b

An investment holding company, provides mobile communication services and related products in Malaysia.

Skyworks Solutions

Market Cap: US$10.9b

Designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

ICICI Lombard General Insurance

Market Cap: ₹928.7b

Provides various general insurance products and services in India.

IDBI Bank

Market Cap: ₹927.8b

Engages in the provision of banking and financial solutions to retail and corporate clients in India.

Redeia Corporación

Market Cap: €9.7b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ39.8b

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

Pilgrim's Pride

Market Cap: US$10.8b

Produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, Europe, and Mexico.

Bank Albilad

Market Cap: ر.س40.5b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Alibaba Health Information Technology

Market Cap: HK$84.3b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

Samsung Life Insurance

Market Cap: ₩15.0t

Engages in the life insurance business in South Korea and internationally.