Filipino Insurance Defensive Blue Chips

Tenaga Nasional Berhad

Market Cap: RM 76.4b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$2.4b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Kansai Electric Power Company

Market Cap: JP¥2.9t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

Coca-Cola HBC

Market Cap: UK£13.8b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

Hua Hong Semiconductor

Market Cap: HK$141.4b

An investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, Europe, and Japan.

Banco de Crédito del Perú

Market Cap: S/61.2b

Provides banking products and services to individuals, small and medium-sized enterprises (SME), and companies in Peru, Panama, and the United States.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ66.5b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Coca-Cola FEMSA. de

Market Cap: US$18.1b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Bunge Global

Market Cap: US$18.1b

Operates as an agribusiness and food company worldwide.

United Microelectronics

Market Cap: NT$566.2b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

Fortum Oyj

Market Cap: €15.6b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

Banco de Sabadell

Market Cap: €15.6b

Provides banking products and services to personal, business, and private customers in Spain and internationally.

Samsung Life Insurance

Market Cap: ₩26.3t

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

GigaDevice Semiconductor

Market Cap: CN¥127.3b

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

McCormick

Market Cap: US$18.0b

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

MTN Group

Market Cap: R308.0b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$96.1b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Mizrahi Tefahot Bank

Market Cap: ₪58.2b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

JDE Peet's

Market Cap: €15.2b

Operates as a coffee and tea company worldwide.

US Foods Holding

Market Cap: US$17.6b

Engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Koninklijke KPN

Market Cap: €15.2b

Provides telecommunications and information technology (IT) services in the Netherlands.

Pro Medicus

Market Cap: AU$27.2b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

CK Infrastructure Holdings

Market Cap: HK$135.3b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Talen Energy

Market Cap: US$17.4b

An independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States.

Bank of Ireland Group

Market Cap: €15.0b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Bank of Beijing

Market Cap: CN¥122.2b

Provides various banking services to individuals and corporates in China.

IHH Healthcare Berhad

Market Cap: RM 71.1b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

Varun Beverages

Market Cap: ₹1.5t

Manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands.

Asahi Group Holdings

Market Cap: JP¥2.7t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥119.5b

China Three Gorges Renewables (Group) Co.,Ltd.

Hana Financial Group

Market Cap: ₩24.7t

Through its subsidiaries, provides financial services in South Korea.

Saudi Awwal Bank

Market Cap: ر.س62.9b

Provides banking and financial services in the Kingdom of Saudi Arabia.

Arca Continental. de

Market Cap: Mex$307.8b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Anhui Conch Cement

Market Cap: CN¥118.7b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Wens Foodstuff Group

Market Cap: CN¥118.6b

Operates as an agricultural and animal husbandry company in China.

Hologic

Market Cap: US$16.7b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.