Swedish Utilities Defensive Blue Chips

China Resources Beer (Holdings)

Market Cap: HK$87.9b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

WH Group

Market Cap: HK$87.9b

An investment holding company, produces and sells packaged meats and pork in China, North America, and Europe.

Maplebear

Market Cap: US$11.3b

Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America.

Samsung Fire & Marine Insurance

Market Cap: ₩15.7t

Engages in the provision of non-life insurance products and services in Korea, China, the United States, Indonesia, Vietnam, Singapore, and the United Kingdom.

Manila Electric

Market Cap: ₱622.2b

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

Pilgrim's Pride

Market Cap: US$11.2b

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.

Cochlear

Market Cap: AU$17.5b

Provides implantable hearing solutions for children and adults worldwide.

Ooredoo Q.P.S.C

Market Cap: ر.ق40.7b

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

Penumbra

Market Cap: US$11.2b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Infrastrutture Wireless Italiane

Market Cap: €9.9b

Operates in the electronic communications infrastructure sector in Italy.

Anhui Gujing Distillery

Market Cap: CN¥80.8b

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

HKT Trust and HKT

Market Cap: HK$86.7b

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.

Doximity

Market Cap: US$11.1b

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

China Zheshang Bank

Market Cap: HK$86.6b

Provides various commercial banking products and services in Mainland China.

Smoore International Holdings

Market Cap: HK$86.6b

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

Bankinter

Market Cap: €9.9b

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

Conagra Brands

Market Cap: US$11.1b

Operates as a consumer packaged goods food company primarily in the United States.

Banca Monte dei Paschi di Siena

Market Cap: €9.8b

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

DaVita

Market Cap: US$11.0b

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

Bank Albilad

Market Cap: ر.س41.4b

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

Molson Coors Beverage

Market Cap: US$11.0b

Manufactures, markets, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Union Bank of India

Market Cap: ₹938.2b

Provides various banking products and services.

Marico

Market Cap: ₹936.6b

Manufactures and sells consumer products in India.

Turkiye Garanti Bankasi

Market Cap: ₺425.0b

Provides various banking products and services in Turkey.

Suntory Beverage & Food

Market Cap: JP¥1.6t

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

Samsung Life Insurance

Market Cap: ₩15.2t

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

Itissalat Al-Maghrib (IAM)

Market Cap: د.م100.0b

Provides various telecommunication solutions in Morocco and internationally.

Enel Américas

Market Cap: CL$10.1t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina, and Peru.

Chongqing Rural Commercial Bank

Market Cap: HK$83.6b

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

Redeia Corporación

Market Cap: €9.5b

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

Severn Trent

Market Cap: UK£8.1b

Provides water and waste water services in the United Kingdom.

T&D Holdings

Market Cap: JP¥1.6t

Through its subsidiaries, provides insurance products and services primarily in Japan.

Orkla

Market Cap: NOK 110.9b

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.

Aegon

Market Cap: €9.5b

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

Bancolombia

Market Cap: Col$45.3t

Provides banking products and services in Colombia and internationally.

ING Bank Slaski

Market Cap: zł40.2b

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