Turkish Telecom Defensive Blue Chips

Kinsale Capital Group

Market Cap: US$10.5b

Engages in the provision of property and casualty insurance products in the United States.

Piraeus Financial Holdings

Market Cap: €9.0b

Provides banking products and services in Greece and internationally.

BAWAG Group

Market Cap: €9.0b

Operates as a holding company for BAWAG P.S.K.

Carrefour

Market Cap: €9.0b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

M3

Market Cap: JP¥1.5t

Provides medical-related services primarily to physicians and other healthcare professionals through Internet.

Huadong Medicine

Market Cap: CN¥74.9b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

Alibaba Health Information Technology

Market Cap: HK$81.9b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

Sanlam

Market Cap: R183.4b

Provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, Asia, and internationally.

Krung Thai Bank

Market Cap: ฿336.8b

Engages in commercial banking business in Thailand and internationally.

Redeia Corporación

Market Cap: €8.9b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

ICICI Prudential Life Insurance

Market Cap: ₹906.4b

Provides life insurance, annuity, pension, and health insurance products to individuals and groups in India.

Rockchip Electronics

Market Cap: CN¥74.2b

Operates as a fabless IC design company in China.

Chubu Electric Power Company

Market Cap: JP¥1.5t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Vietnam Technological and Commercial Bank

Market Cap: ₫271.3t

Provides personal and corporate banking products and services in Vietnam and internationally.

Indian Bank

Market Cap: ₹900.1b

Provides various banking products and services.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫269.6t

Provides various banking products and services to individuals, businesses, and organizations in Vietnam and internationally.

Molson Coors Beverage

Market Cap: US$10.2b

Manufactures, markets, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Boubyan Bank K.S.C.P

Market Cap: د.ك3.1b

Provides various banking products and services in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Rakuten Bank

Market Cap: JP¥1.5t

Provides internet banking products and services to individual, corporate, and sole proprietor customers in Japan.

Mowi

Market Cap: NOK 103.7b

A seafood company, produces and sells Atlantic salmon products worldwide.

Far EasTone Telecommunications

Market Cap: NT$304.3b

Engages in the provision of telecommunications and digital application services in Taiwan.

Chongqing Rural Commercial Bank

Market Cap: HK$79.6b

Provides banking services in the People’s Republic of China.

Bank Negara Indonesia (Persero)

Market Cap: Rp163.6t

Provides various banking products and services in Indonesia, rest of Asia, New York, and Europe.

Bank Albilad

Market Cap: ر.س37.9b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

KT&G

Market Cap: ₩14.0t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

Banque Cantonale Vaudoise

Market Cap: CHF 8.1b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Penumbra

Market Cap: US$10.0b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Indus Towers

Market Cap: ₹878.2b

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India.

Smithfield Foods

Market Cap: US$10.0b

Produces packaged meats and fresh pork in the United States and internationally.

Suntory Beverage & Food

Market Cap: JP¥1.5t

Engages in manufacture and sale of alcoholic and non-alcoholic beverages, and foods in Japan, Asia-Pacific, Europe, and the Americas.

Coca-Cola Consolidated

Market Cap: US$10.0b

Manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States.