Slovenian Utilities Defensive Blue Chips

Shanghai Iluvatar CoreX Semiconductor

Market Cap: HK$121.9b

Shanghai Iluvatar CoreX Semiconductor Co., Ltd.

SCB X

Market Cap: ฿518.5b

Engages in the banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally.

ING Bank Slaski

Market Cap: zł58.0b

Provides various banking products and services for retail clients and businesses in Poland.

Reinsurance Group of America

Market Cap: US$15.5b

Provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp275.0t

Provides information and communications technology, and telecommunications network services worldwide.

Public Power

Market Cap: €13.3b

Generates, transmits, and distributes electricity in Greece, Romania, Bulgaria, and North Macedonia.

Huaneng Power International

Market Cap: HK$120.4b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China, the Islamic Republic of Pakistan, and internationally.

Grupo Financiero Inbursa. de

Market Cap: Mex$264.6b

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

Grupo Bimbo. de

Market Cap: Mex$263.3b

Produces, distributes, and markets bakery products.

BIWIN Storage Technology

Market Cap: CN¥102.6b

Engages in the research and development, design, packaging, testing, production, and sales of semiconductor memory.

Coloplast

Market Cap: DKK 98.4b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Enpara Bank

Market Cap: ₺718.6b

Provides banking services and products in Turkey.

Asahi Group Holdings

Market Cap: JP¥2.4t

Engages in the manufacture and sale of beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

T&D Holdings

Market Cap: JP¥2.4t

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

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ55.3b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

DaVita

Market Cap: US$15.0b

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

Dubai Islamic Bank P.J.S.C

Market Cap: د.إ54.9b

Engages in the corporate, retail, and investment banking activities in the United Arab Emirates and internationally.

Gjensidige Forsikring

Market Cap: NOK 141.4b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Kerry Group

Market Cap: €12.9b

Provides taste and nutrition solutions.

Attijariwafa bank

Market Cap: د.م137.9b

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

Rede D'Or São Luiz

Market Cap: R$74.9b

Engages in the provision of hospital services in Brazil.

Brookfield Wealth Solutions

Market Cap: US$14.7b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

LONGi Green Energy Technology

Market Cap: CN¥98.8b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

Fisher & Paykel Healthcare

Market Cap: NZ$24.8b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Baxter International

Market Cap: US$14.5b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

SiTime

Market Cap: US$14.5b

Engages in the design, development, and sale of silicon timing systems solutions in Hong Kong, Taiwan, the United States, Singapore, and internationally.

Phoenix Financial

Market Cap: ₪44.1b

Operates as a financial services company in Israel.

CNA Financial

Market Cap: US$14.5b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

Suncorp Group

Market Cap: AU$20.6b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Cooper Companies

Market Cap: US$14.5b

Develops, manufactures, and markets contact lens wearers.

Kirin Holdings Company

Market Cap: JP¥2.3t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق52.4b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

African Distillers

Market Cap: US$1.8b

Manufactures, distributes, and markets wines, spirits, ready-to-drink (RTDs), and ciders in Zimbabwe.

Globe Life

Market Cap: US$14.3b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Everest Group

Market Cap: US$14.3b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Unum Group

Market Cap: US$14.3b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.