Tanzanian Telecom Defensive Blue Chips

Veeva Systems

Market Cap: US$28.6b

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

MACOM Technology Solutions Holdings

Market Cap: US$28.4b

Provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum.

Foshan Haitian Flavouring and Food

Market Cap: CN¥191.6b

Foshan Haitian Flavouring and Food Company Ltd.

Power Grid Corporation of India

Market Cap: ₹2.7t

An electric power transmission utility, engages in the power transmission business in India and internationally.

Seven & i Holdings

Market Cap: JP¥4.5t

Operates convenience stores in Japan, North America, and internationally.

Sampo Oyj

Market Cap: €24.3b

Provides non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, Spain, Gibraltar, Germany, the Netherlands, France, and the United Kingdom.

W. R. Berkley

Market Cap: US$27.7b

An insurance holding company, operates as a commercial line writer worldwide.

Gulf Development

Market Cap: ฿918.8b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

PPL

Market Cap: US$27.6b

Provides electricity and natural gas to approximately 3.6 million customers in the United States.

Lasertec

Market Cap: JP¥4.5t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

China National Nuclear Power

Market Cap: CN¥185.7b

Engages in the investment, construction, operation, and management of nuclear power projects in the People's Republic of China.

JCET Group

Market Cap: CN¥185.3b

Provides integrated-circuit back-end and technology services in China, South Korea, the United States, and internationally.

George Weston

Market Cap: CA$38.5b

Provides food and drug retailing, and financial services in Canada.

Chocoladefabriken Lindt & Sprüngli

Market Cap: CHF 21.9b

Engages in the development, manufacture, and sale of chocolate products worldwide.

DexCom

Market Cap: US$27.0b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems for the management of diabetes and metabolic health in the United States and internationally.

Entegris

Market Cap: US$26.1b

Provides advanced materials and process solutions for the semiconductor and other high-technology industries in North America, Taiwan, South Korea, Japan, China, Europe, and Southeast Asia.

Sumitomo Mitsui Trust Group

Market Cap: JP¥4.2t

Operates as a trust bank in Japan and internationally.

TS Financial Holding

Market Cap: NT$826.8b

Provides various financial products and services.

Banco BPM

Market Cap: €22.7b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

BE Semiconductor Industries

Market Cap: €22.7b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Dollar General

Market Cap: US$25.9b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

QBE Insurance Group

Market Cap: AU$37.6b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

American Water Works Company

Market Cap: US$25.9b

Through its subsidiaries, provides water and wastewater services in the United States.

Regions Financial

Market Cap: US$25.8b

A financial holding company, provides various banking and related products and services to individual and corporate customers.

Koninklijke Philips

Market Cap: €22.6b

Operates as a health technology company in North America, the Greater China, and internationally.

Aviva

Market Cap: UK£19.5b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, India, and China.

Fresenius SE KGaA

Market Cap: €22.5b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

EnBW Energie Baden-Württemberg

Market Cap: €22.4b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

Helvetia Baloise Holding

Market Cap: CHF 20.7b

Engages in life and non-life insurance, and reinsurance business.

Technoprobe

Market Cap: €22.3b

Produces and sells electronic circuits in Italy, Asia, the United States, and rest of Europe.

MTN Group

Market Cap: R417.7b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

BNP Paribas Fortis

Market Cap: €22.2b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

First Solar

Market Cap: US$25.0b

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.

Willis Towers Watson

Market Cap: US$25.0b

Operates as an advisory, broking, and solutions company worldwide.

KeyCorp

Market Cap: US$25.0b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

BT Group

Market Cap: UK£18.7b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.