Swedish Energy Defensive Blue Chips

CK Infrastructure Holdings

Market Cap: HK$129.6b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Coca-Cola HBC

Market Cap: UK£12.6b

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.

Sonova Holding

Market Cap: CHF 13.3b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Asahi Group Holdings

Market Cap: JP¥2.5t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Hologic

Market Cap: US$16.5b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

Arca Continental. de

Market Cap: Mex$303.9b

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

Huaneng Power International

Market Cap: HK$127.8b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China and internationally.

Centene

Market Cap: US$16.3b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

SDIC Power Holdings

Market Cap: CN¥114.9b

Engages in the electricity generation business in China.

Hana Financial Group

Market Cap: ₩23.0t

Through its subsidiaries, provides financial services in South Korea.

Bank of Baroda

Market Cap: ₹1.4t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Kansai Electric Power Company

Market Cap: JP¥2.5t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

Bank of Hangzhou

Market Cap: CN¥113.8b

Provides various banking products and services for individuals, corporate, and small and micro businesses in China.

Ambuja Cements

Market Cap: ₹1.4t

Manufactures, markets, and sells cement and related products to individual homebuilders, developers, infrastructure projects, masons and contractors, professionals, and architects and engineers in India.

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

Celsius Holdings

Market Cap: US$16.0b

Develops, processes, manufactures, markets, sells, and distributes functional energy drinks in the United States, North America, Europe, the Asia Pacific, and internationally.

Aier Eye Hospital Group

Market Cap: CN¥113.1b

Operates as a ophthalmology chain medical company in China, Hong Kong, Europe, the United States, and Southeast Asia.

E.SUN Financial Holding Company

Market Cap: NT$487.9b

Provides various financial banking products and services in Taiwan.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق57.5b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Vodacom Group

Market Cap: R271.4b

Provides communications products and services.

Punjab National Bank

Market Cap: ₹1.4t

Provides various banking and financial products and services in India and internationally.

Unipol Assicurazioni

Market Cap: €13.6b

Provides insurance products and services primarily in Italy.

Mediobanca Banca di Credito Finanziario

Market Cap: €13.6b

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

Fresenius Medical Care

Market Cap: €13.6b

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

Bank of Ireland Group

Market Cap: €13.6b

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

Performance Food Group

Market Cap: US$15.7b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$2.0b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

TS Financial Holding

Market Cap: NT$472.5b

Provides various financial products and services.

Grupo Bimbo. de

Market Cap: Mex$283.4b

Produces, distributes, and markets bakery products.

bioMérieux

Market Cap: €13.2b

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.

Telia Company

Market Cap: SEK 144.3b

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

Smith & Nephew

Market Cap: UK£11.6b

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

Hua Xia Bank

Market Cap: CN¥108.5b

Provides commercial banking services in China and Hong Kong.

Grupo Financiero Inbursa. de

Market Cap: Mex$281.5b

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

Fidelity National Financial

Market Cap: US$15.2b

Provides various insurance products in the United States.