Taiwanese Telecom Defensive Blue Chips

Wuliangye YibinLtd

Market Cap: CN¥294.4b

Manufactures and sells liquor and wine products and related auxiliary products under the Wuliangye brand in China.

Bank Central Asia

Market Cap: Rp774.1t

Provides commercial banking and other financial services.

Humana

Market Cap: US$43.3b

Provides medical and specialty insurance products in the United States.

Coca-Cola Europacific Partners

Market Cap: €37.7b

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

Danske Bank

Market Cap: DKK 281.1b

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

PICC Property and Casualty

Market Cap: HK$334.8b

Engages in property and casualty insurance business in People’s Republic of China.

Kotak Mahindra Bank

Market Cap: ₹4.0t

Provides a range of banking and financial services to corporate and individual customers in India.

Keurig Dr Pepper

Market Cap: US$41.9b

Owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally.

Swedbank

Market Cap: SEK 399.6b

Provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

ACWA Power

Market Cap: ر.س154.3b

Engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia, the Middle East, Asia, and Africa.

MS&AD Insurance Group Holdings

Market Cap: JP¥6.6t

An insurance holding company, engages in the provision of insurance and financial services worldwide.

Rocket Companies

Market Cap: US$40.8b

A fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada.

People's Insurance Company (Group) of China

Market Cap: HK$318.7b

An investment holding company, offers insurance products and services in the People’s Republic of China and Hong Kong.

Daiichi Life Group

Market Cap: JP¥6.5t

Through its subsidiaries, provides insurance products in Japan, the United States, and internationally.

Swisscom

Market Cap: CHF 32.6b

Provides telecommunication services in Switzerland, Italy, and internationally.

China Pacific Insurance (Group)

Market Cap: CN¥273.4b

Provides insurance products to in the People’s Republic of China.

Power Corporation of Canada

Market Cap: CA$56.3b

An international management and holding company, provides financial services in North America, Europe, and Asia.

Becton Dickinson

Market Cap: US$39.7b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

Hon. Precision

Market Cap: NT$1.3t

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

Skandinaviska Enskilda Banken

Market Cap: SEK 379.4b

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

Vulcan Materials

Market Cap: US$39.3b

Produces and supplies construction aggregates in the United States.

American International Group

Market Cap: US$39.2b

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

Telstra Group

Market Cap: AU$56.0b

Provides telecommunications and information services in Australia and internationally.

Consolidated Edison

Market Cap: US$39.2b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

ITC

Market Cap: ₹3.7t

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

OTP Bank Nyrt

Market Cap: Ft11.9t

Provides various commercial banking services.

Fomento Económico Mexicano. de

Market Cap: Mex$665.3b

Through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.

Banca Monte dei Paschi di Siena

Market Cap: €33.4b

Provides various banking products and services in Italy and internationally.

Dubai Electricity and Water Authority (PJSC)

Market Cap: د.إ140.5b

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

Japan Post Holdings

Market Cap: JP¥6.1t

Provides postal, banking, and insurance services in Japan.

Heidelberg Materials

Market Cap: €32.9b

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

Sysco

Market Cap: US$37.6b

Through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally.

Tesco

Market Cap: UK£28.4b

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

SSE

Market Cap: UK£27.9b

Engages in the generation, transmission, distribution, and supply of electricity.

Fairfax Financial Holdings

Market Cap: CA$52.2b

Through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in Canada, the United States, the Middle East and Asia, and internationally.

KB Financial Group

Market Cap: ₩56.1t

Provides financial products and services in South Korea, the United States, New Zealand, China, Cambodia, the United Kingdom, Indonesia, and internationally.