Qatari Consumer Retailing Defensive Blue Chips

Great-West Lifeco

Market Cap: CA$50.6b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Koninklijke Ahold Delhaize

Market Cap: €31.2b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Tesco

Market Cap: UK£26.9b

Operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.

Consolidated Edison

Market Cap: US$36.3b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

Telstra Group

Market Cap: AU$55.5b

Provides telecommunications and information services in Australia and internationally.

Hannover Rück

Market Cap: €30.9b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Hershey

Market Cap: US$36.1b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

Intact Financial

Market Cap: CA$49.8b

Through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally.

Cardinal Health

Market Cap: US$35.7b

Operates as a healthcare services and products company in the United States and internationally.

Microchip Technology

Market Cap: US$35.5b

Develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.

Danske Bank

Market Cap: DKK 223.0b

Provides various banking products and services to corporate, institutional, and international clients.

Chunghwa Telecom

Market Cap: NT$1.0t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

Muyuan Foods

Market Cap: CN¥250.2b

Operates in the hog industry in China.

Ambev

Market Cap: R$187.7b

Through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada.

Humana

Market Cap: US$34.4b

Provides medical and specialty insurance products in the United States.

NAURA Technology Group

Market Cap: CN¥246.8b

Engages in the research and development, production, sale, and technical services of semiconductors in the People's Republic of China.

Prudential

Market Cap: UK£25.3b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Alpine Banks of Colorado

Market Cap: US$34.2b

Provides banking products and services to individuals and businesses.

CBZ Holdings

Market Cap: US$4.4b

Provides various banking and financial products and services to retail and corporate customers in Zimbabwe.

Seven & i Holdings

Market Cap: JP¥5.0t

Operates convenience stores, superstores, and department stores in Japan, North America, and internationally.

Arch Capital Group

Market Cap: US$33.7b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

GE HealthCare Technologies

Market Cap: US$33.5b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Imperial Brands

Market Cap: UK£24.4b

Manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 26.6b

Engages in the manufacture and sale of chocolate products worldwide.

Kraft Heinz

Market Cap: US$32.8b

Manufactures and markets food and beverage products in North America and internationally.

Sun Life Financial

Market Cap: CA$45.1b

A financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.

Endesa

Market Cap: €27.9b

Engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, the United Kingdom, Switzerland, Luxembourg, the Netherlands, Singapore, Italy, Morocco, and internationally.

Ping An Bank

Market Cap: CN¥234.4b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Avenue Supermarts

Market Cap: ₹2.8t

Engages in the business of organized retail and operating supermarkets under the D-Mart brand name in India.

Swedbank

Market Cap: SEK 308.6b

Provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

Invest bank P.S.C

Market Cap: د.إ118.4b

A commercial bank, provides a range of financial products and services to corporate and retail customers in the United Arab Emirates and Lebanon.

Willis Towers Watson

Market Cap: US$32.2b

Operates as an advisory, broking, and solutions company worldwide.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥230.1b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Swiss Life Holding

Market Cap: CHF 25.7b

Provides life, pensions, and financial solutions for private and corporate clients.

Aeon

Market Cap: JP¥4.7t

Operates in the retail industry in Japan, China, ASEAN countries, and internationally.

CEZ a. s

Market Cap: Kč665.6b

Engages in the generation, distribution, trade, and sale of electricity and heat in Western, Central, and Southeastern Europe.