Tunisian Retail Defensive Blue Chips

Unum Group

Market Cap: US$13.9b

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

Jiangsu Yanghe Distillery

Market Cap: CN¥100.0b

Offers liquors, wines, and spirits.

Santander Bank Polska

Market Cap: zł52.0b

Provides various banking products and services for individuals, small or medium-sized enterprises, corporate clients, and public sector institutions.

Grupo Nutresa S. A

Market Cap: Col$57.6t

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

Brookfield Wealth Solutions

Market Cap: US$13.9b

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

Unipol Assicurazioni

Market Cap: €12.2b

Provides insurance products and services primarily in Italy.

Punjab National Bank

Market Cap: ₹1.2t

Provides various banking and financial products and services in India.

Admiral Group

Market Cap: UK£10.1b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

Almarai

Market Cap: ر.س51.0b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Budweiser Brewing Company APAC

Market Cap: HK$105.3b

An investment holding company, produces, imports, markets, distributes, and sells beer and other non-beer beverages primarily in China, South Korea, India, Vietnam, and the other Asia Pacific regions.

True Corporation

Market Cap: ฿438.8b

Provides telecommunications and value-added services in Thailand.

Power Assets Holdings

Market Cap: HK$104.7b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally.

ASR Nederland

Market Cap: €11.7b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.

Insurance Australia Group

Market Cap: AU$20.6b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Performance Food Group

Market Cap: US$13.2b

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

Reinsurance Group of America

Market Cap: US$13.2b

Provides reinsurance and financial solutions.

Tata Consumer Products

Market Cap: ₹1.1t

Produces, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

Bank of the Philippine Islands

Market Cap: ₱729.7b

Provides various financial products and services to retail and corporate clients in the Philippines.

Bank of Ireland Group

Market Cap: €11.6b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

FinecoBank Banca Fineco

Market Cap: €11.5b

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

Shree Cement

Market Cap: ₹1.1t

Engages in the manufacture and sale of cement and clinker in India and internationally.

CP ALL

Market Cap: ฿426.7b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

Gjensidige Forsikring

Market Cap: NOK 131.9b

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

BB Seguridade Participações

Market Cap: R$73.7b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

JDE Peet's

Market Cap: €11.4b

Operates as a coffee and tea company worldwide.

Mashreqbank PSC

Market Cap: د.إ47.1b

Provides various banking and financial services to individuals and corporates.

Fisher & Paykel Healthcare

Market Cap: NZ$21.5b

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

Bank Polska Kasa Opieki

Market Cap: zł47.7b

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

United Spirits

Market Cap: ₹1.1t

Engages in the manufacture, sale, and distribution of alcoholic beverages and other allied spirits in India and internationally.

First Financial Holding

Market Cap: NT$382.3b

Through its subsidiaries, provides various in Taiwan, Asia, the United States, and internationally.

Albertsons Companies

Market Cap: US$12.7b

Through its subsidiaries, operates in the food and drug retail industry in the United States.

CNA Financial

Market Cap: US$12.7b

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

Samsung Life Insurance

Market Cap: ₩17.4t

Engages in the life insurance business in South Korea and internationally.

Union Bank of India

Market Cap: ₹1.1t

Provides various banking products and services.

Kansai Electric Power Company

Market Cap: JP¥1.8t

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