Slovak Utilities Defensive Blue Chips

Associated British Foods

Market Cap: UK£13.2b

Engages in the food, ingredients, and retail businesses worldwide.

Mizrahi Tefahot Bank

Market Cap: ₪51.2b

Provides various banking services in Israel and internationally.

Luzhou LaojiaoLtd

Market Cap: CN¥116.1b

Produces and sells alcoholic products in China and internationally.

Zimmer Biomet Holdings

Market Cap: US$16.9b

Operates as a medical technology company worldwide.

Phison Electronics

Market Cap: NT$537.2b

Designs, manufactures, and sells flash memory controllers and peripheral system applications in Asia, the United States, Europe, Australia, and internationally.

GlobalWafers

Market Cap: NT$533.1b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

Vodacom Group

Market Cap: R278.0b

Provides communications products and services in South Africa, Egypt, Kenya, and internationally.

Elia Group

Market Cap: €14.8b

Develops and operates as a transmission system operator in Belgium and Germany.

Nova

Market Cap: US$16.8b

Engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.

Hwatsing Technology

Market Cap: CN¥114.1b

Engages in the research, development, production, sales, and technical services of semiconductor equipment in China and internationally.

Airtel Africa

Market Cap: UK£12.7b

Provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa.

Bank of Hangzhou

Market Cap: CN¥113.4b

Provides various banking products and services in China.

Beijing E-Town Semiconductor Technology

Market Cap: CN¥112.8b

Beijing E-Town Semiconductor Technology Co., Ltd.

Huaneng Power International

Market Cap: HK$129.4b

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.

Hua Nan Financial Holdings

Market Cap: NT$522.6b

Provides financial services in Taiwan and internationally.

Performance Food Group

Market Cap: US$16.4b

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

KGI Financial Holding

Market Cap: NT$510.9b

Operates as a financial company in Taiwan and internationally.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

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

Bank Polska Kasa Opieki

Market Cap: zł60.6b

A commercial bank, provides banking products and services to retail and corporate clients in Poland.

Hua Xia Bank

Market Cap: CN¥108.9b

Provides commercial banking services in China and Hong Kong.

OmniVision Integrated Circuits Group

Market Cap: CN¥108.8b

Engages in the design, development, and sale of integrated circuits and computer software and hardware in China and internationally.

HANMI Semiconductor

Market Cap: ₩24.5t

Manufactures and sells semiconductor equipment in South Korea and internationally.

mBank

Market Cap: zł60.0b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

National Bank of Greece

Market Cap: €13.8b

Provides banking, financial products, and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom, and internationally.

Bank of Beijing

Market Cap: CN¥107.8b

Provides various banking services to individuals and corporates in China.

Nexchip Semiconductor

Market Cap: CN¥107.7b

Engages in the research, development, production, and sale of integrated circuit-related products in China and internationally.

China Resources Microelectronics

Market Cap: CN¥107.3b

Engages in the manufacture and sale of semiconductors in China and internationally.

Kansai Electric Power Company

Market Cap: JP¥2.5t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

FinecoBank Banca Fineco

Market Cap: €13.9b

Provides banking, credit, trading and investment services in Italy.

Onto Innovation

Market Cap: US$15.7b

Engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.

SDIC Power Holdings

Market Cap: CN¥106.7b

Engages in the electricity generation business in China.

Banco Santander-Chile

Market Cap: CL$13.9t

Provides commercial and retail banking products and services in Chile.

National Silicon Industry Group

Market Cap: CN¥106.5b

National Silicon Industry Group Co., Ltd.

Power Assets Holdings

Market Cap: HK$122.5b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Canada, mainland China, Netherlands, New Zealand, Thailand, the United States, and internationally.

Tenet Healthcare

Market Cap: US$15.6b

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

ING Bank Slaski

Market Cap: zł58.6b

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