Tunisian Transportation Defensive Blue Chips

Archer-Daniels-Midland

Market Cap: US$22.7b

Engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally.

Insulet

Market Cap: US$22.5b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.

Heineken Holding

Market Cap: €19.6b

Engages in brewing and selling beer and cider in the Netherlands and internationally.

Riyad Bank

Market Cap: ر.س83.4b

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

Aviva

Market Cap: UK£16.4b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, and internationally.

QNB Bank

Market Cap: ₺873.5b

Provides various banking products and services in Turkey.

Will Semiconductor

Market Cap: CN¥159.2b

A semiconductor design company, provides sensor solutions, analog solutions and touch screen and display solutions.

Federal Home Loan Mortgage

Market Cap: US$22.1b

Operates in the secondary mortgage market in the United States.

ABN AMRO Bank

Market Cap: €19.3b

Provides various banking products and financial services to retail, private, and business clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

Bank Hapoalim B.M

Market Cap: ₪76.7b

Provides various banking and financial services in Israel and internationally.

EnBW Energie Baden-Württemberg

Market Cap: €19.1b

Operates as an integrated energy company in Germany, rest of Europe, and internationally.

Coloplast

Market Cap: DKK 141.5b

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

Koninklijke Philips

Market Cap: €18.8b

Operates as a health technology company in North America, the Greater China, and internationally.

Standard Bank Group

Market Cap: R380.1b

Provides financial products and services in South Africa and internationally.

CLP Holdings

Market Cap: HK$167.8b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Labcorp Holdings

Market Cap: US$21.3b

Provides laboratory services.

Shinhan Financial Group

Market Cap: ₩28.9t

Provides financial products and services in South Korea and internationally.

Bank of Shanghai

Market Cap: CN¥152.0b

Provides various personal and corporate banking products and services primarily in Mainland China.

Telenor

Market Cap: NOK 212.8b

Operates as a telecommunication company worldwide.

ON Semiconductor

Market Cap: US$21.0b

Provides intelligent sensing and power solutions in the United States and internationally.

GlobalFoundries

Market Cap: US$20.9b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide.

CMS Energy

Market Cap: US$20.9b

Operates as an energy company primarily in Michigan.

OTP Bank Nyrt

Market Cap: Ft7.3t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a private life insurance company in India.

BNP Paribas Fortis

Market Cap: €18.1b

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

Straumann Holding

Market Cap: CHF 17.0b

Provides tooth replacement and orthodontic solutions worldwide.

Gulf Development

Market Cap: ฿664.8b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

Resona Holdings

Market Cap: JP¥2.9t

Through its subsidiaries, provides retail and commercial banking products and services in Japan and internationally.

New China Life Insurance

Market Cap: CN¥146.3b

Provides life insurance products and services to individuals and institutions in China.

Terna

Market Cap: €17.8b

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

ASE Technology Holding

Market Cap: NT$606.3b

Provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally.

Coca-Cola FEMSA. de

Market Cap: US$20.3b

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

Associated British Foods

Market Cap: UK£14.8b

Operates as a diversified food, ingredients, and retail company worldwide.

Legal & General Group

Market Cap: UK£14.7b

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

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ73.3b

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

Asahi Group Holdings

Market Cap: JP¥2.9t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.