Peruvian Real Estate Defensive Blue Chips

Kirin Holdings Company

Market Cap: JP¥1.8t

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

JBS

Market Cap: US$12.3b

Operates as a protein and food company worldwide.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥88.0b

Henan Shuanghui Investment & Development Co.,Ltd.

Maplebear

Market Cap: US$12.2b

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

ING Bank Slaski

Market Cap: zł44.6b

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

Mr. Cooper Group

Market Cap: US$12.2b

Operates as a non-bank servicer of residential mortgage loans in the United States.

True Corporation

Market Cap: ฿397.3b

Provides telecommunications and value-added services in Thailand.

Baloise Holding

Market Cap: CHF 9.8b

Primarily engages in the insurance and banking businesses in Switzerland, Germany, Belgium, and Luxembourg.

China Zheshang Bank

Market Cap: HK$94.3b

Provides various commercial banking products and services in Mainland China.

Banca Monte dei Paschi di Siena

Market Cap: €10.4b

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

Union Bank of India

Market Cap: ₹1.0t

Provides banking products and services in India.

Doximity

Market Cap: US$11.9b

Operates as a digital platform for medical professionals in the United States.

James Hardie Industries

Market Cap: AU$18.5b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Telecom Italia

Market Cap: €10.2b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

Tele2

Market Cap: SEK 113.9b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.

GD Power DevelopmentLtd

Market Cap: CN¥85.1b

Operates as a power generation company in China.

BKW

Market Cap: CHF 9.5b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Arab National Bank

Market Cap: ر.س44.4b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Shanghai Rural Commercial Bank

Market Cap: CN¥84.6b

Provides a range of banking products and services to individual and corporate customers in China.

Unum Group

Market Cap: US$11.8b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Giga Device Semiconductor

Market Cap: CN¥84.3b

Engages in the research, development, technical support, and sale of memory, microcontrollers, and sensors.

Aegon

Market Cap: €10.1b

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

Raiffeisen Bank International

Market Cap: €10.1b

Offers banking services to corporate, private, and institutional customers.

Canara Bank

Market Cap: ₹1.0t

Provides various banking products and services in India and internationally.

HKT Trust and HKT

Market Cap: HK$91.0b

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.

Itissalat Al-Maghrib (IAM)

Market Cap: د.م105.1b

Provides various telecommunication solutions in Morocco and internationally.

Universal Health Services

Market Cap: US$11.6b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Israel Discount Bank

Market Cap: ₪39.6b

Provides various banking and financial services in Israel, Europe, and North America.

China Resources Beer (Holdings)

Market Cap: HK$90.7b

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

Beijing E-Town Semiconductor Technology

Market Cap: CN¥83.2b

Beijing E-Town Semiconductor Technology Co., Ltd.

Ooredoo Q.P.S.C

Market Cap: ر.ق42.0b

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

mBank

Market Cap: zł41.9b

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

RenaissanceRe Holdings

Market Cap: US$11.5b

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

Chandra Daya Investasi

Market Cap: Rp187.9t

Operates as an infrastructure investment holding company.

Osaka Gas

Market Cap: JP¥1.7t

Provides gas, electricity, and other energy products and services in Japan and internationally.

Adani Energy Solutions

Market Cap: ₹990.1b

Generates, transmits, and distributes power in India.