Portuguese Telecom Defensive Blue Chips

National Bank of Greece

Market Cap: €12.9b

Provides banking, financial products, and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom, and internationally.

Krung Thai Bank

Market Cap: ฿485.7b

Engages in commercial banking business in Thailand and internationally.

Attijariwafa bank

Market Cap: د.م136.5b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Semtech

Market Cap: US$14.7b

Provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ53.5b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

WH Group

Market Cap: HK$113.3b

An investment holding company, produces and sells packaged meats, pork, and hogs in China, North America, and Europe.

Bank of Baroda

Market Cap: ₹1.4t

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

Grupo Financiero Inbursa. de

Market Cap: Mex$250.8b

Provides various financial products and services to individuals and businesses in Mexico.

Woori Financial Group

Market Cap: ₩22.0t

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

Phoenix Financial

Market Cap: ₪42.6b

Operates as a financial services company in Israel.

Eastroc Beverage (Group)

Market Cap: CN¥97.1b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.

Tenet Healthcare

Market Cap: US$14.3b

Operates as a diversified healthcare services company in the United States.

Pinnacle Financial Partners

Market Cap: US$14.3b

Operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States.

ageas

Market Cap: €12.4b

Engages in insurance business.

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ52.5b

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

Bankinter

Market Cap: €12.4b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

Dangote Cement

Market Cap: ₦19.3t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Metro

Market Cap: CA$19.8b

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

Banco de Crédito e Inversiones

Market Cap: CL$12.9t

Provides various banking products and services in Chile, the United States, and Peru.

Kerry Group

Market Cap: €12.2b

Provides taste and nutrition solutions.

Kasikornbank

Market Cap: ฿464.3b

Provides commercial banking products and services in Thailand and internationally.

Asahi Group Holdings

Market Cap: JP¥2.3t

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

Mapfre

Market Cap: €12.2b

Engages in insurance, reinsurance, and financial activities in Spain.

Unum Group

Market Cap: US$14.1b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

SCB X

Market Cap: ฿463.0b

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

Admiral Group

Market Cap: UK£10.5b

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

First Financial Holding

Market Cap: NT$440.7b

Provides various financial products and services in Asia, North America, Oceania, and Europe.

T&D Holdings

Market Cap: JP¥2.2t

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

SK Telecom

Market Cap: ₩21.3t

Engages in the provision of wireless telecommunication services in South Korea.

Anhui Conch Cement

Market Cap: CN¥94.0b

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

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق50.3b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Rede D'Or São Luiz

Market Cap: R$71.5b

Engages in the provision of hospital services in Brazil.

BB Seguridade Participações

Market Cap: R$71.1b

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

BAWAG Group

Market Cap: €11.9b

Operates as a holding company for BAWAG P.S.K.

Kirin Holdings Company

Market Cap: JP¥2.2t

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

Mashreqbank PSC

Market Cap: د.إ50.2b

Provides various banking and financial services to individuals and corporates.