Singaporean Semiconductors Defensive Blue Chips

Archer-Daniels-Midland

Market Cap: US$25.8b

Engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.

Svenska Handelsbanken

Market Cap: SEK 248.8b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

STMicroelectronics

Market Cap: €22.2b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Pernod Ricard

Market Cap: €22.0b

Produces and sells wines and spirits worldwide.

Vodafone Group

Market Cap: UK£18.8b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

BT Group

Market Cap: UK£18.8b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

China Tower

Market Cap: HK$198.6b

Provides telecommunication tower infrastructure services in the People's Republic of China.

George Weston

Market Cap: CA$34.5b

Provides food and drug retailing, and financial services in Canada.

Woolworths Group

Market Cap: AU$38.9b

Operates retail stores in Australia and New Zealand.

Markel Group

Market Cap: US$24.9b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

Veolia Environnement

Market Cap: €21.5b

Designs and provides water, waste, and energy management solutions.

Huaneng Lancang River Hydropower

Market Cap: CN¥177.1b

Engages in the development, construction, operation, and management of hydropower projects.

First Citizens BancShares

Market Cap: US$24.6b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

Power Corporation of Canada

Market Cap: CA$33.8b

An international management and holding company, provides financial services in North America, Europe, and Asia.

Bank of Ningbo

Market Cap: CN¥176.6b

Provides various personal and business banking products and services in the People's Republic of China.

Dollar General

Market Cap: US$24.5b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥176.0b

Inner Mongolia Yili Industrial Group Co., Ltd.

Grupo Financiero Banorte. de

Market Cap: Mex$471.7b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

Atmos Energy

Market Cap: US$24.4b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Ajinomoto

Market Cap: JP¥3.6t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

Advanced Info Service

Market Cap: ฿800.1b

Operates as a telecommunications and technology company primarily in Thailand.

Bank Hapoalim B.M

Market Cap: ₪83.6b

Provides various banking and financial services in Israel and internationally.

CGN Power

Market Cap: HK$188.3b

Generates and sells nuclear power in the People’s Republic of China.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł88.2b

Provides various banking products and services in Poland and internationally.

Renesas Electronics

Market Cap: JP¥3.5t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

Adani Power

Market Cap: ₹2.0t

Engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPAs), supplemental PPAs, medium and short term PPAs, and on merchant basis in India.

Luzhou LaojiaoLtd

Market Cap: CN¥167.9b

Provides liquor products in China.

Eastroc Beverage(Group)

Market Cap: CN¥167.0b

Engages in the research and development, production, and sales of beverages in China.

Sigma Healthcare

Market Cap: AU$36.2b

Operates as a pharmaceutical wholesaler, distributor, and pharmacy franchisor in Australia and internationally.

STERIS

Market Cap: US$23.2b

Provides infection prevention products and services worldwide.

Huntington Bancshares

Market Cap: US$23.1b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س86.4b

Provides private health and ancillary services.

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ84.5b

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

China United Network Communications

Market Cap: CN¥164.1b

Provides various telecommunication services in the People’s Republic of China.

Cincinnati Financial

Market Cap: US$22.7b

Provides property casualty insurance products in the United States.

QBE Insurance Group

Market Cap: AU$35.3b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.