Qatari Utilities Defensive Blue Chips

Mega Financial Holding

Market Cap: NT$692.0b

Provides various financial services in Taiwan.

Cellnex Telecom

Market Cap: €19.1b

Engages in the management of terrestrial telecommunications infrastructures in France, Italy, the United Kingdom, Spain, Poland, the Netherlands, Portugal, Switzerland, Denmark, Sweden, Ireland, and Austria.

Telefônica Brasil

Market Cap: R$110.5b

Operates as a mobile telecommunications company in Brazil.

MPI

Market Cap: NT$676.6b

Manufactures, processes, repairs, imports/exports, and trades in semiconductor manufacturing and testing equipment in Taiwan, China, the United States, Singapore, Korea, and internationally.

Bunge Global

Market Cap: US$21.1b

Operates as an agribusiness and food company worldwide.

Straumann Holding

Market Cap: CHF 17.0b

Provides tooth replacement and orthodontic solutions in Switzerland, the United States, China, Germany, Brazil, Japan, France, and internationally.

US Foods Holding

Market Cap: US$21.0b

US Foods Holding Corp., together with its subsidiaries, markets, sells, and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

China Minsheng Banking

Market Cap: CN¥142.4b

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

Brown & Brown

Market Cap: US$20.9b

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

Bank Mandiri (Persero)

Market Cap: Rp373.0t

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

Uniper

Market Cap: €18.3b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

Legal & General Group

Market Cap: UK£15.7b

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

Federal Home Loan Mortgage

Market Cap: US$20.7b

Operates in the secondary mortgage market in the United States.

ASPEED Technology

Market Cap: NT$658.7b

Operates as a fabless integrated circuit (IC) design company in Taiwan, China, the United States, and internationally.

SCREEN Holdings

Market Cap: JP¥3.3t

Develops, manufactures, and markets semiconductor production equipment in Japan, Taiwan, South Korea, China, the United States, Europe, and internationally.

Raiffeisen Bank International

Market Cap: €18.1b

Offers banking services to corporate, retail, and institutional customers.

Heineken Holding

Market Cap: €18.1b

Engages in brewing and selling beer and cider in the Netherlands, Europe, the Americas, Africa & Middle East, Asia Pacific and internationally.

Amkor Technology

Market Cap: US$20.5b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.

China Tower

Market Cap: HK$160.6b

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

Arca Continental. de

Market Cap: Mex$358.1b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Global Unichip

Market Cap: NT$650.0b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.

Tyson Foods

Market Cap: US$20.4b

Operates as a food company worldwide.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ74.7b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

STERIS

Market Cap: US$20.2b

Provides infection prevention products and services in the United States, Ireland, and internationally.

Saudi Energy

Market Cap: ر.س75.4b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Grupo Cibest

Market Cap: Col$68.9t

Provides various banking products and services in Colombia and internationally.

Terumo

Market Cap: JP¥3.2t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Suzhou Centec Communications

Market Cap: CN¥136.1b

Engages in the research and development of ethernet switch chips and supporting products in China and internationally.

Alinma Bank

Market Cap: ر.س75.0b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Telenor

Market Cap: NOK 196.8b

Operates as a telecommunication company worldwide.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س74.8b

Provides private health and support services in the Kingdom of Saudi Arabia.

Hana Financial Group

Market Cap: ₩30.7t

Through its subsidiaries, provides financial services in South Korea, Hong Kong, Singapore, the United States, Japan, China, Indonesia, the United Kingdom, Canada, and internationally.

Fortum Oyj

Market Cap: €17.5b

Engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥134.3b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Lattice Semiconductor

Market Cap: US$19.7b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Unipol Assicurazioni

Market Cap: €17.3b

Provides insurance products and services primarily in Italy.