Singaporean Consumer Services Defensive Blue Chips

Kinsale Capital Group

Market Cap: US$10.5b

Engages in the provision of property and casualty insurance products in the United States.

Piraeus Financial Holdings

Market Cap: €9.0b

Provides banking products and services in Greece and internationally.

BAWAG Group

Market Cap: €9.0b

Operates as a holding company for BAWAG P.S.K.

Carrefour

Market Cap: €9.0b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

Celcomdigi Berhad

Market Cap: RM 44.2b

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

Huadong Medicine

Market Cap: CN¥75.3b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

Chubu Electric Power Company

Market Cap: JP¥1.5t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

InnoScience (Suzhou) Technology Holding

Market Cap: HK$81.8b

InnoScience (Suzhou) Technology Holding Co., Ltd.

Sanlam

Market Cap: R183.4b

Provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, Asia, and internationally.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥74.7b

Engages in the clean energy business in China.

Redeia Corporación

Market Cap: €8.9b

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

Rockchip Electronics

Market Cap: CN¥74.3b

Operates as a fabless IC design company in China.

M3

Market Cap: JP¥1.5t

Provides medical-related services primarily to physicians and other healthcare professionals through the Internet.

ICICI Prudential Life Insurance

Market Cap: ₹906.4b

Provides life insurance, annuity, pension, and health insurance products to individuals and groups in India.

Indian Bank

Market Cap: ₹900.1b

Provides various banking products and services.

Rakuten Bank

Market Cap: JP¥1.5t

Provides internet banking products and services to individual, corporate, and sole proprietor customers in Japan.

Bangkok Dusit Medical Services

Market Cap: ฿332.1b

Operates hospitals in Thailand and internationally.

Molson Coors Beverage

Market Cap: US$10.2b

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

Boubyan Bank K.S.C.P

Market Cap: د.ك3.1b

Provides various banking products and services in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Mowi

Market Cap: NOK 103.7b

A seafood company, produces and sells Atlantic salmon products worldwide.

Far EasTone Telecommunications

Market Cap: NT$305.8b

Engages in the provision of telecommunications and digital application services in Taiwan.

Bank Negara Indonesia (Persero)

Market Cap: Rp163.6t

Provides various banking products and services in Indonesia, rest of Asia, New York, and Europe.

Bank Albilad

Market Cap: ر.س37.9b

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

Vietnam Technological and Commercial Bank

Market Cap: ₫265.6t

Provides personal and corporate banking products and services in Vietnam and internationally.

KT&G

Market Cap: ₩14.0t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

Banque Cantonale Vaudoise

Market Cap: CHF 8.1b

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

Chongqing Rural Commercial Bank

Market Cap: HK$78.7b

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

Penumbra

Market Cap: US$10.0b

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

Indus Towers

Market Cap: ₹878.2b

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India.

Smithfield Foods

Market Cap: US$10.0b

Produces packaged meats and fresh pork in the United States and internationally.

Anhui Gujing Distillery

Market Cap: CN¥71.9b

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

Coca-Cola Consolidated

Market Cap: US$10.0b

Manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States.