Trinidad & Tobago Retail Defensive Blue Chips

National Bank of Canada

Market Cap: CA$61.9b

Provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally.

American International Group

Market Cap: US$43.7b

Offers insurance products for commercial, institutional, and individual customers in North America and internationally.

Heineken

Market Cap: €38.0b

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, and the Asia Pacific.

Axis Bank

Market Cap: ₹3.8t

Provides various financial products and services in India and internationally.

Kroger

Market Cap: US$42.0b

Operates as a food and drug retailer in the United States.

Orange

Market Cap: €36.5b

Operates as a telecommunications operator in France and internationally.

Fubon Financial Holding

Market Cap: NT$1.3t

Provides various financial services in Taiwan, Asia, and internationally.

Commerzbank

Market Cap: €36.4b

Provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally.

Aeon

Market Cap: JP¥6.4t

Operates in the retail industry in Japan, China, ASEAN countries, and internationally.

Target

Market Cap: US$41.6b

Operates as a general merchandise retailer in the United States.

Heidelberg Materials

Market Cap: €35.9b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

NAURA Technology Group

Market Cap: CN¥293.7b

Engages in the research and development, production, sale, and technical services of semiconductors in the People's Republic of China.

QNB Bank

Market Cap: ₺1.7t

Provides various banking products and services in Turkey.

JAPAN POST BANK

Market Cap: JP¥6.2t

Provides financial products and services in Japan and internationally.

Erste Group Bank

Market Cap: €34.8b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.

Coca-Cola Europacific Partners

Market Cap: €34.2b

Produces, distributes, and sells a range of non-alcoholic ready to drink beverages.

UltraTech Cement

Market Cap: ₹3.5t

Engages in the manufacture and sale of clinker, cement, ready mix concrete, and related products in India, the United Arab Emirates, Bahrain, and Sri Lanka.

Great-West Lifeco

Market Cap: CA$54.8b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Tesco

Market Cap: UK£29.7b

Operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.

Endesa

Market Cap: €33.2b

Engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, the United Kingdom, Switzerland, Luxembourg, the Netherlands, Singapore, Italy, Morocco, and internationally.

Vulcan Materials

Market Cap: US$38.1b

Produces and supplies construction aggregates in the United States.

Kioxia Holdings

Market Cap: JP¥5.8t

Engages in the development, production and sale of flash memory and solid state drives (SSDs) in Japan and internationally.

DNB Bank

Market Cap: NOK 384.4b

Provides financial services to individuals and businesses in Norway and internationally.

Huadian New Energy Group

Market Cap: CN¥267.8b

Engages in the power generation business in China.

China Unicom (Hong Kong)

Market Cap: HK$291.0b

An investment holding company, provides telecommunications and related value-added services in the People’s Republic of China.

Skandinaviska Enskilda Banken

Market Cap: SEK 357.5b

Provides corporate, retail, investment, and private banking services.

Martin Marietta Materials

Market Cap: US$37.3b

A natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.

Muyuan Foods

Market Cap: CN¥265.7b

Operates in the hog industry in China.

Ambev

Market Cap: R$201.3b

Through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada.

Alcon

Market Cap: CHF 30.0b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

Dubai Electricity and Water Authority (PJSC)

Market Cap: د.إ136.0b

Generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai.

Swisscom

Market Cap: CHF 29.9b

Provides telecommunication services primarily in Switzerland, Italy, and internationally.

Koninklijke Ahold Delhaize

Market Cap: €32.1b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Danske Bank

Market Cap: DKK 238.4b

Provides various banking products and services to corporate, institutional, and international clients.

Disco

Market Cap: JP¥5.6t

Manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally.

Hang Seng Bank

Market Cap: HK$284.1b

Provides various banking and related financial services to individual, corporate, commercial, and small and medium sized enterprise customers in Hong Kong, Mainland China, and internationally.