Polish Semiconductors Defensive Blue Chips

Admiral Group

Market Cap: UK£10.1b

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

Unipol Assicurazioni

Market Cap: €11.9b

Provides insurance products and services primarily in Italy.

Grupo Bimbo. de

Market Cap: Mex$260.4b

Produces, distributes, and sells various bakery products.

ASR Nederland

Market Cap: €11.8b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.

Reinsurance Group of America

Market Cap: US$13.2b

Provides reinsurance and financial solutions.

True Corporation

Market Cap: ฿431.9b

Provides telecommunications and value-added services in Thailand.

Rede D'Or São Luiz

Market Cap: R$74.4b

Operates a network of hospitals in Brazil.

Bank of Baroda

Market Cap: ₹1.1t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Mashreqbank PSC

Market Cap: د.إ48.1b

Provides various banking and financial services to individuals and corporates.

BB Seguridade Participações

Market Cap: R$74.1b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

CNA Financial

Market Cap: US$13.1b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States and internationally.

Bank of Hangzhou

Market Cap: CN¥94.6b

Provides various banking products and services to individuals, corporate, and small and micro businesses in China.

Kansai Electric Power Company

Market Cap: JP¥1.9t

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

Hana Financial Group

Market Cap: ₩18.1t

Through its subsidiaries, provides financial services in South Korea.

Performance Food Group

Market Cap: US$12.9b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Tata Consumer Products

Market Cap: ₹1.1t

Produces, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

Albertsons Companies

Market Cap: US$12.9b

Through its subsidiaries, operates in the food and drug retail industry in the United States.

United Spirits

Market Cap: ₹1.1t

Engages in the manufacture, sale, and distribution of alcoholic beverages and other allied spirits in India and internationally.

Bank of the Philippine Islands

Market Cap: ₱709.1b

Provides various financial products and services to retail and corporate clients in the Philippines.

Insurance Australia Group

Market Cap: AU$19.9b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Hua Nan Financial Holdings

Market Cap: NT$383.1b

Provides financial services in Taiwan and internationally.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

Align Technology

Market Cap: US$12.6b

Designs, manufactures, and markets Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Taiwan Cooperative Financial Holding

Market Cap: NT$376.0b

Provides commercial banking, insurance, securities, bills finance, venture capital, asset management, and investment trust services in Taiwan.

Shree Cement

Market Cap: ₹1.1t

Engages in the manufacture and sale of cement and clinker in India and internationally.

FinecoBank Banca Fineco

Market Cap: €11.0b

Provides banking, credit, trading and investment services in Italy.

Smith & Nephew

Market Cap: UK£9.3b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

SCB X

Market Cap: ฿405.7b

Engages banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

Hologic

Market Cap: US$12.4b

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.

Guangdong Haid Group

Market Cap: CN¥89.0b

Researches, develops, produces, sells, and services animal feed products in China and internationally.

Fisher & Paykel Healthcare

Market Cap: NZ$20.7b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Punjab National Bank

Market Cap: ₹1.0t

Provides various banking and financial products and services in India.

Montage Technology

Market Cap: CN¥88.4b

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

Gjensidige Forsikring

Market Cap: NOK 127.1b

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

Universal Health Services

Market Cap: US$12.2b

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

Indus Towers

Market Cap: ₹1.0t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India.