Tanzanian Software Defensive Blue Chips

Nova

Market Cap: US$14.4b

Engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.

Kirin Holdings Company

Market Cap: JP¥2.3t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

African Distillers

Market Cap: US$1.8b

Manufactures, distributes, and markets wines, spirits, ready-to-drink (RTDs), and ciders in Zimbabwe.

Grupo Financiero Inbursa. de

Market Cap: Mex$250.8b

Provides various financial products and services to individuals and businesses in Mexico.

Brookfield Wealth Solutions

Market Cap: US$14.3b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Huaneng Power International

Market Cap: HK$110.7b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China, the Islamic Republic of Pakistan, and internationally.

Unum Group

Market Cap: US$14.0b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

James Hardie Industries

Market Cap: AU$20.2b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Gjensidige Forsikring

Market Cap: NOK 136.0b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Mashreqbank PSC

Market Cap: د.إ51.3b

Provides various banking and financial services to individuals and corporates.

Phoenix Financial

Market Cap: ₪42.1b

Operates as a financial services company in Israel.

Dairibord Holdings

Market Cap: US$1.8b

Manufactures, processes, markets, and distributes milk, food, and beverage products in Zimbabwe.

CNA Financial

Market Cap: US$13.9b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

Suncorp Group

Market Cap: AU$20.0b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

McCormick

Market Cap: US$13.9b

Manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Uni-President Enterprises

Market Cap: NT$445.5b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

Assurant

Market Cap: US$13.8b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Globe Life

Market Cap: US$13.7b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Tryg

Market Cap: DKK 89.9b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

RenaissanceRe Holdings

Market Cap: US$13.7b

Provides reinsurance and insurance products in the United States and internationally.

Coloplast

Market Cap: DKK 89.5b

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp248.2t

Provides information and communications technology, and telecommunications network services worldwide.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق49.6b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Metro

Market Cap: CA$19.3b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Cooper Companies

Market Cap: US$13.6b

Develops, manufactures, and markets contact lens wearers.

Fisher & Paykel Healthcare

Market Cap: NZ$23.6b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Britannia Industries

Market Cap: ₹1.3t

Manufactures and sells various food products in India and internationally.

HANMI Semiconductor

Market Cap: ₩20.4t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Hormel Foods

Market Cap: US$13.5b

Develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally.

Realtek Semiconductor

Market Cap: NT$433.0b

Engages in the research, development, production, and sale of various integrated circuits and related application software in Taiwan, Asia, and internationally.

Apollo Hospitals Enterprise

Market Cap: ₹1.3t

Provides healthcare services in India.

United Utilities Group

Market Cap: UK£9.9b

Provides water and wastewater services in the United Kingdom.

Insurance Australia Group

Market Cap: AU$19.2b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Bank of Baroda

Market Cap: ₹1.3t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

ROHM

Market Cap: JP¥2.1t

Manufactures and sells electronic components worldwide.

Carrefour

Market Cap: €11.5b

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