Polish Materials Defensive Blue Chips

Mashreqbank PSC

Market Cap: د.إ51.2b

Provides various banking and financial services to individuals and corporates.

Admiral Group

Market Cap: UK£10.6b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, and Spain.

Reinsurance Group of America

Market Cap: US$13.9b

Provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

Suncorp Group

Market Cap: AU$20.1b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp247.2t

Provides information and communications technology, and telecommunications network services worldwide.

Woori Financial Group

Market Cap: ₩21.4t

Operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally.

LONGi Green Energy Technology

Market Cap: CN¥94.1b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

Kirin Holdings Company

Market Cap: JP¥2.2t

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

Asahi Group Holdings

Market Cap: JP¥2.2t

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

T&D Holdings

Market Cap: JP¥2.2t

Through its subsidiaries, provides insurance products and services in Japan.

Chubu Electric Power Company

Market Cap: JP¥2.2t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Globe Life

Market Cap: US$13.6b

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

HDFC Life Insurance

Market Cap: ₹1.3t

Engages in the provision of individual and group insurance solutions in India.

JD Health International

Market Cap: HK$106.7b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

Hormel Foods

Market Cap: US$13.6b

Develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally.

Everest Group

Market Cap: US$13.6b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

DaVita

Market Cap: US$13.5b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Metro

Market Cap: CA$19.2b

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

Henan Shijia Photons Technology

Market Cap: CN¥91.9b

Henan Shijia Photons Technology Co., Ltd.

Rambus

Market Cap: US$13.5b

Manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally.

Britannia Industries

Market Cap: ₹1.3t

Manufactures and sells various food products in India and internationally.

Uni-President Enterprises

Market Cap: NT$426.7b

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

Hippo Valley Estates

Market Cap: US$1.7b

Together with its subsidiary, Chiredzi Township (Private) Limited, engages in the growing and milling of sugar cane in Zimbabwe and internationally.

Chongqing Genori Technology

Market Cap: CN¥90.8b

Manufactures core components and materials.

African Distillers

Market Cap: US$1.7b

Manufactures, distributes, and markets wines, spirits, ready-to-drink (RTDs), and ciders in Zimbabwe.

Gjensidige Forsikring

Market Cap: NOK 131.6b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Tryg

Market Cap: DKK 87.6b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Kokusai Electric

Market Cap: JP¥2.1t

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

Assurant

Market Cap: US$13.1b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Punjab National Bank

Market Cap: ₹1.2t

Provides various banking and financial products and services in India and internationally.

RenaissanceRe Holdings

Market Cap: US$13.1b

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

Apollo Hospitals Enterprise

Market Cap: ₹1.2t

Provides healthcare services in India.

Carrefour

Market Cap: €11.5b

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

Banque Saudi Fransi

Market Cap: ر.س49.0b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Realtek Semiconductor

Market Cap: NT$414.0b

Engages in the research, development, production, and sale of various integrated circuits and related application software in Taiwan, Asia, and internationally.

Coloplast

Market Cap: DKK 85.3b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.