Slovenian Pharmaceuticals & Biotech Defensive Blue Chips

Coca-Cola HBC

Market Cap: UK£13.6b

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.

Tenaga Nasional Berhad

Market Cap: RM 77.6b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

AIB Group

Market Cap: €15.6b

Provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Varun Beverages

Market Cap: ₹1.6t

Manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands.

Shanghai United Imaging Healthcare

Market Cap: CN¥129.8b

Shanghai United Imaging Healthcare Co., Ltd.

Sonova Holding

Market Cap: CHF 14.3b

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.

NN Group

Market Cap: €15.4b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

E.SUN Financial Holding Company

Market Cap: NT$542.8b

Provides various financial banking products and services in Taiwan.

Principal Financial Group

Market Cap: US$17.8b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Talen Energy

Market Cap: US$17.8b

An independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States.

JDE Peet's

Market Cap: €15.1b

Operates as a coffee and tea company worldwide.

Bank of Beijing

Market Cap: CN¥126.4b

Provides various banking services to personal and corporate customers in China.

First Mutual Holdings

Market Cap: US$2.3b

Provides life assurance, non-life insurance in Zimbabwe.

US Foods Holding

Market Cap: US$17.5b

Engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Coca-Cola FEMSA. de

Market Cap: US$17.5b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Erie Indemnity

Market Cap: US$17.5b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Banco de Crédito del Perú

Market Cap: S/61.6b

Provides banking products and services to individuals, small-sized companies, and corporate customers in Peru.

Attijariwafa bank

Market Cap: د.م157.2b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Anhui Conch Cement

Market Cap: HK$135.8b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Uniper

Market Cap: €14.8b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥124.1b

China Three Gorges Renewables (Group) Co.,Ltd.

Montage Technology

Market Cap: CN¥124.1b

An integrated circuits design company, provides IC solutions for cloud computing and data center markets in the People’s Republic of China.

Tenet Healthcare

Market Cap: US$17.3b

Operates as a diversified healthcare services company in the United States.

Wens Foodstuff Group

Market Cap: CN¥123.4b

Operates as a livestock and poultry farming company in China.

Grupo Nutresa S. A

Market Cap: Col$68.5t

Operates in the food industry in Colombia, Latin America, and internationally.

Arca Continental. de

Market Cap: Mex$321.0b

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

United Microelectronics

Market Cap: NT$522.3b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

Aier Eye Hospital Group

Market Cap: CN¥121.8b

Operates eye care hospitals and institutions.

Mizrahi Tefahot Bank

Market Cap: ₪56.6b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally.

CK Infrastructure Holdings

Market Cap: HK$132.3b

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.

Bunge Global

Market Cap: US$16.9b

Operates as an agribusiness and food company worldwide.

Britannia Industries

Market Cap: ₹1.5t

Manufactures and sells various food products in India and internationally.

Grupo Financiero Inbursa. de

Market Cap: Mex$310.2b

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

Smith & Nephew

Market Cap: UK£12.3b

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

Saudi Awwal Bank

Market Cap: ر.س62.0b

Provides banking and financial services in the Kingdom of Saudi Arabia.

Performance Food Group

Market Cap: US$16.5b

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