Tanzanian Software Defensive Blue Chips

American International Group

Market Cap: US$45.0b

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

HOYA

Market Cap: JP¥6.6t

A med-tech company, provides high-tech and medical products worldwide.

Orange

Market Cap: €38.5b

Operates as a telecommunications operator in France and internationally.

Kuwait Finance House K.S.C.P

Market Cap: د.ك13.7b

Provides Islamic banking products and services in the Middle East, Europe, and internationally.

JAPAN POST BANK

Market Cap: JP¥6.6t

Provides various banking products and services to retail and corporate clients in Japan and internationally.

Emirates NBD Bank PJSC

Market Cap: د.إ163.9b

Provides corporate, institutional, retail, treasury, and Islamic banking services.

UltraTech Cement

Market Cap: ₹3.8t

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.

Emirates Telecommunications Group Company PJSC

Market Cap: د.إ157.8b

Provides telecommunications services, media, and related equipment in the United Arab Emirates and internationally.

National Bank of Canada

Market Cap: CA$59.2b

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

Public Service Enterprise Group

Market Cap: US$42.2b

Through its subsidiaries, operates in electric and gas utility, and nuclear generation businesses in the United States.

Heidelberg Materials

Market Cap: €36.2b

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

Coca-Cola Europacific Partners

Market Cap: €36.0b

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

ResMed

Market Cap: US$41.9b

Develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the United States and internationally.

Standard Chartered

Market Cap: UK£31.1b

Provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas.

Monolithic Power Systems

Market Cap: US$40.5b

Designs, develops, markets, and sells semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets in the United States, China, Taiwan, South Korea, Europe, Southeast Asia, Japan, and internationally.

Alcon

Market Cap: CHF 32.4b

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

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥286.1b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Erste Group Bank

Market Cap: €34.0b

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

China Unicom (Hong Kong)

Market Cap: HK$306.6b

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

DNB Bank

Market Cap: NOK 399.3b

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

Fubon Financial Holding

Market Cap: NT$1.2t

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

Rocket Companies

Market Cap: US$38.8b

Provides spanning mortgage, real estate, and personal finance services in the United States and Canada.

Vulcan Materials

Market Cap: US$38.7b

Produces and supplies construction aggregates in the United States.

Axis Bank

Market Cap: ₹3.3t

Provides various financial products and services in India and internationally.

Swisscom

Market Cap: CHF 30.7b

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

Bank Rakyat Indonesia (Persero)

Market Cap: Rp624.9t

Provides various banking products and services in Indonesia and internationally.

NTPC

Market Cap: ₹3.3t

Operates as an integrated power company in India.

Sysco

Market Cap: US$38.0b

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.

Dubai Electricity and Water Authority (PJSC)

Market Cap: د.إ137.5b

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

Koninklijke Ahold Delhaize

Market Cap: €32.1b

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

Huadian New Energy Group

Market Cap: CN¥268.2b

Engages in the power generation business in China.

Tesco

Market Cap: UK£27.8b

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

Hartford Insurance Group

Market Cap: US$37.1b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

MS&AD Insurance Group Holdings

Market Cap: JP¥5.4t

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

Fairfax Financial Holdings

Market Cap: CA$51.0b

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

Skandinaviska Enskilda Banken

Market Cap: SEK 351.9b

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