Slovenian Utilities Defensive Blue Chips

Barito Renewables Energy

Market Cap: Rp429.4t

Generates and sells power through geothermal and wind resources in Indonesia.

Brown & Brown

Market Cap: US$24.0b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally.

Aeon

Market Cap: JP¥3.8t

Operates in the retail industry in Japan, China, ASEAN countries, and internationally.

Sigma Healthcare

Market Cap: AU$34.2b

Operates as a retail pharmacy franchisor and pharmaceutical wholesale and distributor to community pharmacies primarily in Australia.

Hana Financial Group

Market Cap: ₩34.2t

Through its subsidiaries, provides financial services in South Korea, Hong Kong, Singapore, the United States, Japan, China, Indonesia, the United Kingdom, Canada, and internationally.

Coca-Cola HBC

Market Cap: UK£17.8b

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.

Banco do Brasil

Market Cap: R$121.4b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

Grupo Cibest

Market Cap: Col$77.1t

Provides various banking products and services in Colombia and internationally.

Loews

Market Cap: US$23.8b

Through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally.

BNP Paribas Fortis

Market Cap: €20.6b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

Mega Financial Holding

Market Cap: NT$765.4b

Provides various financial services in Taiwan.

VERBUND

Market Cap: €20.4b

Generates, trades, and sells electricity in Austria, Germany, France, Romania, Spain, and Luxembourg.

QNB Bank

Market Cap: ₺1.1t

Provides various banking and financial services in Turkey.

Markel Group

Market Cap: US$23.3b

Engages in the insurance business in the United States, the United Kingdom, Bermuda, Germany, rest of the European Union, Canada, and the Asia Pacific.

Lasertec

Market Cap: JP¥3.7t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

Terna

Market Cap: €20.1b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

MTN Group

Market Cap: R382.7b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Raiffeisen Bank International

Market Cap: €20.0b

Offers banking services to corporate, retail, and institutional customers.

China Minsheng Banking

Market Cap: CN¥155.2b

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

Unipol Assicurazioni

Market Cap: €19.9b

Provides insurance products and services primarily in Italy.

Heineken Holding

Market Cap: €19.8b

Engages in brewing and selling beer and cider in the Netherlands, Europe, the Americas, Africa & Middle East, Asia Pacific and internationally.

Coles Group

Market Cap: AU$32.5b

Operates as a retailer in Australia.

STERIS

Market Cap: US$22.7b

Provides infection prevention products and services in the United States, Ireland, and internationally.

Coca-Cola FEMSA. de

Market Cap: US$22.5b

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

Constellation Brands

Market Cap: US$22.4b

Produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥151.0b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

China Tower

Market Cap: HK$174.8b

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

Legal & General Group

Market Cap: UK£16.6b

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س83.1b

Provides private health and support services in the Kingdom of Saudi Arabia.

US Foods Holding

Market Cap: US$21.9b

US Foods Holding Corp., together with its subsidiaries, markets, sells, and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

Bank Mandiri (Persero)

Market Cap: Rp389.2t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ79.6b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Terumo

Market Cap: JP¥3.4t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Riyad Bank

Market Cap: ر.س80.9b

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

Yihai Kerry Arawana Holdings

Market Cap: CN¥144.5b

Engages in the agriculture and food processing businesses in China.

Bank of Nanjing

Market Cap: CN¥143.9b

Engages in the provision of various financial products and services in China.