Taiwanese Media Defensive Blue Chips

Intact Financial

Market Cap: CA$51.9b

Through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally.

ITC

Market Cap: ₹3.5t

Engages in the fast-moving consumer goods, paperboards, paper and packaging, and agri businesses in India and internationally.

Koninklijke Ahold Delhaize

Market Cap: €31.7b

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

Hon. Precision

Market Cap: NT$1.2t

Engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

M&T Bank

Market Cap: US$36.1b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

Kroger

Market Cap: US$36.0b

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

Vodafone Group

Market Cap: UK£26.5b

Provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa.

Arch Capital Group

Market Cap: US$35.3b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł133.4b

Provides various banking products and services in Poland and internationally.

Prudential

Market Cap: UK£26.1b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Hannover Rück

Market Cap: €30.6b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

ABN AMRO Bank

Market Cap: €30.5b

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

Hershey

Market Cap: US$34.8b

Engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.

Bank Leumi le-Israel B.M

Market Cap: ₪105.5b

Provides banking and financial services for households, small and medium enterprises, and corporations in Israel, the United Kingdom, and internationally.

Federal National Mortgage Association

Market Cap: US$34.5b

Provides financing solutions for residential mortgages in the United States.

Alcon

Market Cap: CHF 27.7b

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

Heidelberg Materials

Market Cap: €29.9b

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

ON Semiconductor

Market Cap: US$34.0b

Provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally.

Advanced Info Service

Market Cap: ฿1.1t

Operates as a telecommunications company primarily in Thailand.

Martin Marietta Materials

Market Cap: US$33.8b

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

Shinhan Financial Group

Market Cap: ₩49.7t

Provides financial products and services in South Korea, Vietnam, and Japan.

Chunghwa Telecom

Market Cap: NT$1.1t

Operates as an integrated telecommunications service provider in Taiwan and internationally.

Capitec Bank Holdings

Market Cap: R547.0b

Through its subsidiaries, provides various banking products and services in South Africa.

CEZ a. s

Market Cap: Kč703.2b

Engages in the generation, distribution, trade, and sale of electricity, heat, thermal energy and other commodities in Central Europe.

Talanx

Market Cap: €29.1b

Provides insurance and reinsurance products and services worldwide.

Centene

Market Cap: US$32.8b

Operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States.

Muyuan Foods Group

Market Cap: CN¥221.7b

Operates as a pork company in the hog farming industry in China.

Piotech

Market Cap: CN¥221.2b

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

Malayan Banking Berhad

Market Cap: RM 133.3b

Provides commercial banking and related financial products and services.

Swiss Life Holding

Market Cap: CHF 26.4b

Provides life, pensions, and financial solutions for private and corporate clients.

BPER Banca

Market Cap: €28.4b

Engages in the provision of banking products and services for individuals, and businesses and professionals in Italy and internationally.

Casey's General Stores

Market Cap: US$31.8b

Operates convenience stores under the Casey's and Casey’s General Store names in the United States.

Veeva Systems

Market Cap: US$31.7b

Provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.

GLOBALFOUNDRIES

Market Cap: US$31.5b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies in the United States, Europe, the Middle East, Africa, and internationally.

Resona Holdings

Market Cap: JP¥5.1t

Through its subsidiaries, engages in the provision retail and commercial banking products and services in Japan and internationally.

Standard Bank Group

Market Cap: R515.4b

Provides financial products and services in South Africa and internationally.