Portuguese Consumer Services Defensive Blue Chips

Magnum Ice Cream

Market Cap: €10.0b

Engages in the ice cream business in the Netherlands.

BJ's Wholesale Club Holdings

Market Cap: US$11.4b

Operates membership warehouse clubs on the eastern half of the United States.

KINGSEMI

Market Cap: CN¥77.0b

Engages in the research and development, production, sales, and service provision of semiconductor fabrication equipment in China and internationally.

Guangdong Haid Group

Market Cap: CN¥77.0b

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

Kinsus Interconnect Technology

Market Cap: NT$362.0b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Dosilicon

Market Cap: CN¥76.6b

Engages in the design, research and development, and sale of semiconductor chips worldwide.

Industrial Bank of Korea

Market Cap: ₩17.0t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

United Nova TechnologyLtd

Market Cap: CN¥76.4b

Manufactures and markets power discrete and modules in China and internationally.

China Resources Power Holdings

Market Cap: HK$88.0b

An investment holding company, invests in, develops, operates, and manages power plants and coal mine projects in the People’s Republic of China.

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Arab National Bank

Market Cap: ر.س41.8b

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¥75.4b

Engages in commercial banking business in China.

Shenyang Fortune Precision Equipment

Market Cap: CN¥75.3b

Shenyang Fortune Precision Equipment Co., Ltd.

Ryan Specialty Holdings

Market Cap: US$11.1b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, Singapore, and internationally.

Insulet

Market Cap: US$11.1b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

Japan Post Insurance

Market Cap: JP¥1.8t

Engages in the provision of life insurance products and services in Japan.

BDO Unibank

Market Cap: ₱677.5b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Discovery

Market Cap: R178.5b

Provides various insurance products and services primarily in South Africa and the United Kingdom.

Taiwan Mobile

Market Cap: NT$353.1b

Provides telecommunications, broadband, retail, digital, and financial services in Taiwan and internationally.

Hong Leong Bank Berhad

Market Cap: RM 44.7b

Operates as a financial services company in Malaysia and internationally.

Chongqing Genori Technology

Market Cap: CN¥74.4b

Manufactures core components and materials.

Shizuoka Financial GroupInc

Market Cap: JP¥1.8t

Provides various banking products and services.

UMB Financial

Market Cap: US$10.9b

Operates as a bank holding company that provides banking services and asset servicing in the United States and internationally.

Bangkok Bank

Market Cap: ฿363.6b

Provides various commercial banking products and services in Thailand and internationally.

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥74.1b

Engages in the generation and sale of electricity in China.

Busy Ming Group

Market Cap: HK$85.5b

Through its subsidiaries, operates as a food and beverage retailer in China.

Globus Medical

Market Cap: US$10.9b

Develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

Wintrust Financial

Market Cap: US$10.9b

A financial holding company, provides community-oriented, personal, and commercial banking services in the United States.

Quebecor

Market Cap: CA$15.4b

Engages in the telecommunications, media, and sports and entertainment businesses in Canada.

JoulWatt Technology

Market Cap: CN¥73.4b

Engages in the research and development, and sale of analog integrated circuits in China.

Popular

Market Cap: US$10.8b

Through its subsidiaries, provides various retail, mortgage, and commercial banking services for individuals and businesses in Puerto Rico, the United States, the British Virgin Islands, the Caribbean, and Latin America.

Vanguard International Semiconductor

Market Cap: NT$345.5b

Engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices in Taiwan and internationally.

Maplebear

Market Cap: US$10.8b

Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally.

Orkla

Market Cap: NOK 105.1b

Operates as an industrial investment company within brands and consumer-oriented businesses worldwide.

Alchip Technologies

Market Cap: NT$343.7b

Engages in the research, design, development, and manufacturing of application specific integrated circuits and system on a chip in the United States, China, Japan, Taiwan, and internationally.

Yangzhou Yangjie Electronic Technology

Market Cap: CN¥72.8b

Yangzhou Yangjie Electronic Technology Co., Ltd.