Russian Materials Defensive Blue Chips

Banco Santander-Chile

Market Cap: CL$10.7t

Provides commercial and retail banking products and services in Chile.

Ooredoo Q.P.S.C

Market Cap: ر.ق41.2b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Manila Electric

Market Cap: ₱627.8b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.

Infrastrutture Wireless Italiane

Market Cap: €10.0b

Operates in the electronic communications infrastructure sector in Italy.

Orkla

Market Cap: NOK 116.8b

Operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.

Shanghai Rural Commercial Bank

Market Cap: CN¥81.0b

Provides a range of banking products and services to individual and corporate customers in China.

Bank Albilad

Market Cap: ر.س41.9b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Mapfre

Market Cap: €9.9b

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

Anhui Gujing Distillery

Market Cap: CN¥80.5b

Engages in the production and wholesale of distilled wine in the People’s Republic of China and internationally.

Samsung Life Insurance

Market Cap: ₩15.3t

Engages in the life insurance business in South Korea and internationally.

Doximity

Market Cap: US$11.1b

Operates a cloud-based digital platform for medical professionals in the United States.

Marico

Market Cap: ₹937.0b

Manufactures and sells consumer products in India.

Turkiye Garanti Bankasi

Market Cap: ₺425.9b

Provides various banking products and services in Turkey.

GD Power DevelopmentLtd

Market Cap: CN¥79.7b

Operates as a power generation company in China.

Pilgrim's Pride

Market Cap: US$10.9b

Produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, Europe, and Mexico.

Severn Trent

Market Cap: UK£8.2b

Provides water and waste water services in the United Kingdom.

Redeia Corporación

Market Cap: €9.6b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

ICICI Lombard General Insurance

Market Cap: ₹918.4b

Provides various general insurance products and services in India.

American Financial Group

Market Cap: US$10.9b

An insurance holding company, provides specialty property and casualty insurance products in the United States.

DaVita

Market Cap: US$10.8b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Itissalat Al-Maghrib (IAM)

Market Cap: د.م100.0b

Provides various telecommunication solutions in Morocco and internationally.

China Zheshang Bank

Market Cap: HK$83.9b

Provides various commercial banking products and services in Mainland China.

HKT Trust and HKT

Market Cap: HK$83.5b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Banca Monte dei Paschi di Siena

Market Cap: €9.5b

Engages in the provision of retail and commercial banking services in Italy.

Smoore International Holdings

Market Cap: HK$83.5b

An investment holding company, engages in the provision of vaping technology solutions.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ39.4b

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

Bankinter

Market Cap: €9.5b

Provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain.

Campbell's

Market Cap: US$10.7b

Manufactures and markets food and beverage products in the United States and internationally.

Alibaba Health Information Technology

Market Cap: HK$82.8b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

Suntory Beverage & Food

Market Cap: JP¥1.5t

Engages in manufacture and sale of alcoholic and non-alcoholic beverages, and foods in Japan, Asia-Pacific, Europe, and the Americas.

Banque Cantonale Vaudoise

Market Cap: CHF 8.8b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Bunge Global

Market Cap: US$10.6b

Operates as an agribusiness and food company worldwide.

Bancolombia

Market Cap: Col$45.5t

Provides banking products and services in Colombia and internationally.

Aegon

Market Cap: €9.4b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

ING Bank Slaski

Market Cap: zł39.8b

Together with our subsidiaries, provides various banking products and services for retail clients and businesses in Poland.

Celcomdigi Berhad

Market Cap: RM 44.3b

An investment holding company, provides mobile communication services and related products in Malaysia.