Russian Food, Beverage & Tobacco Defensive Blue Chips

Erie Indemnity

Market Cap: US$14.9b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

CEMEX. de

Market Cap: Mex$272.5b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

Kerry Group

Market Cap: €12.8b

Provides taste and nutrition solutions.

Chandra Daya Investasi

Market Cap: Rp244.7t

Operates as an infrastructure investment holding company.

Samsung Fire & Marine Insurance

Market Cap: ₩21.3t

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

Metro

Market Cap: CA$20.4b

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

Grupo Financiero Inbursa. de

Market Cap: Mex$267.3b

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

bioMérieux

Market Cap: €12.6b

Develops, manufactures, and markets in vitro diagnostic solutions for infectious diseases in France, Europe, Africa, the Middle East, North and South America, the Asia Pacific, and internationally.

Canara Bank

Market Cap: ₹1.3t

Provides various banking products and services in India and internationally.

Airtel Africa

Market Cap: UK£11.0b

Provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa.

JBS

Market Cap: US$14.4b

Operates as a protein and food company worldwide.

Powszechny Zaklad Ubezpieczen

Market Cap: zł52.6b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Universal Health Services

Market Cap: US$14.3b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

East West Bancorp

Market Cap: US$14.3b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Tata Power

Market Cap: ₹1.3t

Engages in the generation, transmission, distribution, and trading of electricity in India and internationally.

Smith & Nephew

Market Cap: UK£10.8b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Bankinter

Market Cap: €12.2b

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

Banco Santander-Chile

Market Cap: CL$13.2t

Provides commercial and retail banking products and services in Chile.

Power Assets Holdings

Market Cap: HK$108.8b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally.

Eurobank Ergasias Services and Holdings

Market Cap: €12.1b

Provides retail, corporate and private banking, asset management, treasury, capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

Mapfre

Market Cap: €12.1b

Engages in the investment, insurance, property, financial, and services businesses in Spain.

Brookfield Wealth Solutions

Market Cap: US$13.9b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Cooper Companies

Market Cap: US$13.9b

Develops, manufactures, and markets contact lens wearers.

Guangdong Haid Group

Market Cap: CN¥99.3b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Bank Polska Kasa Opieki

Market Cap: zł50.9b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

ASR Nederland

Market Cap: €12.0b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.

Uni-President Enterprises

Market Cap: NT$429.0b

Produces and sells food products in Taiwan and internationally.

Santander Bank Polska

Market Cap: zł50.6b

Provides various banking products and services for individuals, small or medium-sized enterprises, corporate clients, and public sector institutions.

Uniper

Market Cap: €11.9b

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

Suncorp Group

Market Cap: AU$21.1b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Fresenius Medical Care

Market Cap: €11.9b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Banco Comercial Português

Market Cap: €11.9b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

Everest Group

Market Cap: US$13.7b

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

NMBZ Holdings

Market Cap: US$1.8b

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

GD Power DevelopmentLtd

Market Cap: CN¥97.0b

Operates as a power generation company in China.

Gjensidige Forsikring

Market Cap: NOK 138.0b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.