Romanian Utilities Defensive Blue Chips

Labcorp Holdings

Market Cap: US$21.2b

Provides laboratory services.

Hana Financial Group

Market Cap: ₩32.5t

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

Lattice Semiconductor

Market Cap: US$21.2b

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

JCET Group

Market Cap: CN¥143.3b

Provides integrated-circuit back-end and technology services in China, South Korea, the United States, and internationally.

Terumo

Market Cap: JP¥3.4t

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

Hangzhou Changchuan TechnologyLtd

Market Cap: CN¥141.3b

Researches and develops, produces, and sells integrated circuit equipment in China and internationally.

Coles Group

Market Cap: AU$29.2b

Operates as a retailer in Australia.

Coca-Cola HBC

Market Cap: UK£15.4b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

STERIS

Market Cap: US$20.5b

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

Telia Company

Market Cap: SEK 192.5b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

Yihai Kerry Arawana Holdings

Market Cap: CN¥138.9b

Engages in the agriculture and food processing businesses in China.

Bank Mandiri (Persero)

Market Cap: Rp370.2t

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

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س76.3b

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

Tyson Foods

Market Cap: US$20.1b

Operates as a food company worldwide.

Bank of Nanjing

Market Cap: CN¥136.1b

Engages in the provision of various financial products and services in China.

Mediobanca Banca di Credito Finanziario

Market Cap: €17.3b

Provides various banking products and services in Italy, Other European countries, the United States, Asia, and internationally.

Legal & General Group

Market Cap: UK£14.9b

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

China United Network Communications

Market Cap: CN¥134.4b

Provides telecommunication services in the People’s Republic of China.

Mega Financial Holding

Market Cap: NT$624.5b

Provides various financial services in Taiwan.

CIMB Group Holdings Berhad

Market Cap: RM 79.4b

Provides various banking products and services in Malaysia and internationally.

Banco Santander (Brasil)

Market Cap: R$100.0b

Provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫519.7t

Provides banking products and services in Vietnam.

IHH Healthcare Berhad

Market Cap: RM 77.4b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

Bank of Shanghai

Market Cap: CN¥131.1b

Provides various banking products and services in China.

Bank of Ireland Group

Market Cap: €16.6b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ70.8b

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

ACM Research (Shanghai)

Market Cap: CN¥130.4b

Engages in the research, development, production, and sale of semiconductor equipment in China.

Alinma Bank

Market Cap: ر.س72.0b

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

Straumann Holding

Market Cap: CHF 15.1b

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

Samsung Fire & Marine Insurance

Market Cap: ₩29.1t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

Koninklijke KPN

Market Cap: €16.4b

Provides telecommunications and information technology (IT) services in the Netherlands.

Heineken Holding

Market Cap: €16.3b

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

MPI

Market Cap: NT$594.7b

Manufactures, processes, maintains, imports/exports, and trades in semi-conductor production process and testing equipment in Taiwan, China, Singapore, Korea, the United States, and internationally.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥127.9b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$95.5b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Varun Beverages

Market Cap: ₹1.8t

Manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana.