Tanzanian Software Defensive Blue Chips

Becton Dickinson

Market Cap: US$56.8b

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.

Danone

Market Cap: €48.0b

Operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States.

Allstate

Market Cap: US$55.4b

Provides property and casualty, and other insurance products in the United States and Canada.

Swiss Re

Market Cap: CHF 44.5b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Infineon Technologies

Market Cap: €47.3b

Engages in the design, development, manufacture, and marketing of semiconductors and semiconductor-based solutions worldwide.

Nordea Bank Abp

Market Cap: €46.7b

Offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally.

Engie

Market Cap: €45.9b

Operates as an energy company, engages in the renewables and decentralized, low-carbon energy networks, and energy services businesses in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

Singapore Telecommunications

Market Cap: S$68.7b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally.

Advantest

Market Cap: JP¥7.9t

Manufactures and sells semiconductors, component test systems, and mechatronics-related products in Japan, the Americas, Europe, and Asia.

Wal-Mart de México. de

Market Cap: Mex$993.5b

Owns and operates self-service stores in Mexico and Central America.

MetLife

Market Cap: US$52.4b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

PICC Property and Casualty

Market Cap: HK$409.0b

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

Société Générale Société anonyme

Market Cap: €44.9b

Provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ190.5b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.

China Pacific Insurance (Group)

Market Cap: CN¥371.0b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Manulife Financial

Market Cap: CA$71.6b

Provides financial products and services in the United States, Canada, Asia, and internationally.

IDEXX Laboratories

Market Cap: US$50.9b

Develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally.

Hygon Information Technology

Market Cap: CN¥361.5b

Engages in the research and development of computing chip products and systems in China.

Loblaw Companies

Market Cap: CA$69.7b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.

People's Insurance Company (Group) of China

Market Cap: HK$389.5b

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

BOC Hong Kong (Holdings)

Market Cap: HK$389.5b

An investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally.

Sberbank of Russia

Market Cap: ₽3.0t

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions.

Commerzbank

Market Cap: €41.5b

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.

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

Market Cap: ر.ق176.0b

Provides conventional and Islamic banking products and services in Qatar, Europe, North America, rest of GCC countries, and internationally.

Alimentation Couche-Tard

Market Cap: CA$66.7b

Operates and licenses convenience stores in North America, Europe, and Asia.

Target

Market Cap: US$47.9b

Operates as a general merchandise retailer in the United States.

KBC Group

Market Cap: €41.0b

Provides banking, insurance, and asset management services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

E.ON

Market Cap: €40.8b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

Kroger

Market Cap: US$46.8b

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

Veeva Systems

Market Cap: US$46.5b

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

ACWA Power

Market Cap: ر.س173.9b

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.

Edwards Lifesciences

Market Cap: US$46.3b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

Kotak Mahindra Bank

Market Cap: ₹4.0t

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

Heineken

Market Cap: €39.5b

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

Holcim

Market Cap: CHF 37.0b

Provides building materials and solutions worldwide.

United Overseas Bank

Market Cap: S$58.1b

Provides banking products and services worldwide.