Portuguese Media Defensive Blue Chips

Nestlé India

Market Cap: ₹2.5t

Engages in the manufacture and sale of food products in India and internationally.

Ajinomoto

Market Cap: JP¥4.3t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

Atmos Energy

Market Cap: US$27.6b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Fifth Third Bancorp

Market Cap: US$27.5b

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.

Brown & Brown

Market Cap: US$27.2b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally.

W. R. Berkley

Market Cap: US$27.1b

An insurance holding company, operates as a commercial line writer worldwide.

China Everbright Bank

Market Cap: CN¥192.0b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Japan Post Holdings

Market Cap: JP¥4.1t

Provides postal, banking, and insurance services in Japan.

VERBUND

Market Cap: €23.3b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Bank Hapoalim B.M

Market Cap: ₪87.3b

Provides various banking and financial services in Israel and internationally.

Aviva

Market Cap: UK£20.3b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, and internationally.

Banca Monte dei Paschi di Siena

Market Cap: €23.0b

Provides retail and commercial banking services in Italy.

Bank Mandiri (Persero)

Market Cap: Rp440.5t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

New China Life Insurance

Market Cap: CN¥187.9b

Provides life insurance products and services to individuals and institutions in China.

Svenska Handelsbanken

Market Cap: SEK 249.9b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Bank of Ningbo

Market Cap: CN¥187.1b

Provides various personal and business banking products and services in the People's Republic of China.

Grupo Financiero Banorte. de

Market Cap: Mex$487.4b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

CGN Power

Market Cap: HK$203.7b

Operates and manages nuclear power stations, sells electricity generated by these stations, and provides related technical services in the People’s Republic of China.

Koninklijke Philips

Market Cap: €22.6b

Operates as a health technology company in North America, the Greater China, and internationally.

China National Nuclear Power

Market Cap: CN¥184.7b

Engages in the investment, development, construction, operation, and management of nuclear power projects in the People's Republic of China.

Huaneng Lancang River Hydropower

Market Cap: CN¥183.3b

Engages in the development, construction, operation, and management of hydropower projects.

OTP Bank Nyrt

Market Cap: Ft8.7t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

Dai-ichi Life Holdings

Market Cap: JP¥3.9t

Through its subsidiaries, provides insurance products in Japan, the United States, and internationally.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł94.6b

Provides various banking products and services in Poland and internationally.

Capitec Bank Holdings

Market Cap: R443.9b

Through its subsidiaries, provides various banking products and services in South Africa.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س95.3b

Provides private health and ancillary services.

China Tower

Market Cap: HK$196.3b

Provides telecommunication tower infrastructure services in the People's Republic of China.

EnBW Energie Baden-Württemberg

Market Cap: €21.9b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

American Water Works Company

Market Cap: US$25.1b

Through its subsidiaries, provides water and wastewater services in the United States.

JD Health International

Market Cap: HK$194.3b

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

Shinhan Financial Group

Market Cap: ₩35.6t

Provides financial products and services in South Korea and internationally.

Markel Group

Market Cap: US$24.9b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

Pernod Ricard

Market Cap: €21.4b

Produces and sells wines and spirits worldwide.

ABN AMRO Bank

Market Cap: €21.3b

Provides various banking products and financial services to retail, private, and business clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥174.3b

Advanced Micro-Fabrication Equipment Inc.

Yihai Kerry Arawana Holdings

Market Cap: CN¥174.2b

Engages in the agriculture and food processing businesses in China.