Ugandan Consumer Durables Defensive Blue Chips

ING Bank Slaski

Market Cap: zł39.2b

Together with our subsidiaries, provides various banking products and services for retail clients and businesses in Poland.

Krung Thai Bank

Market Cap: ฿346.6b

Engages in commercial banking business in Thailand and internationally.

Sanan OptoelectronicsLtd

Market Cap: CN¥75.8b

Engages in the research, development, production, and sale of LED epitaxial wafers and chips, compound semiconductors, semiconductor and communication chips, and sapphire substrates in China and internationally.

Bank of Chengdu

Market Cap: CN¥75.7b

Provides various commercial banking products and services in China.

Carrefour

Market Cap: €9.2b

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

Manila Electric

Market Cap: ₱616.0b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.

Industrial Bank of Korea

Market Cap: ₩15.1t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

Centrica

Market Cap: UK£7.9b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

United Spirits

Market Cap: ₹934.5b

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

Piotech

Market Cap: CN¥75.1b

Engages in the research and development, production, sales, and technical services of high-end semiconductor special equipment in China.

Molina Healthcare

Market Cap: US$10.5b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces.

Old Republic International

Market Cap: US$10.5b

Through its subsidiaries, provides insurance underwriting and related services primarily in the United States and Canada.

Nexchip Semiconductor

Market Cap: CN¥74.9b

Engages in the research and development, production, and sales of integrated circuit related products and supporting products in China and internationally.

Buzzi

Market Cap: €9.0b

Manufactures, distributes, and sells cement, ready-mix concrete, and aggregates.

Marico

Market Cap: ₹926.3b

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Unigroup Guoxin Microelectronics

Market Cap: CN¥74.3b

Unigroup Guoxin Microelectronics Co., Ltd.

iA Financial

Market Cap: CA$14.6b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Indus Towers

Market Cap: ₹922.8b

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

Jentech Precision Industrial

Market Cap: NT$318.0b

Manufactures and sells precision molds and its material worldwide.

Anhui Gujing Distillery

Market Cap: CN¥73.7b

Engages in the production and sale of distilled wine in the People’s Republic of China and internationally.

Chongqing Rural Commercial Bank

Market Cap: HK$80.4b

Provides banking services in the People’s Republic of China.

ICICI Lombard General Insurance

Market Cap: ₹912.1b

Provides various general insurance products and services in India.

Skyworks Solutions

Market Cap: US$10.3b

Designs, develops, manufactures, and markets semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.

Redeia Corporación

Market Cap: €8.9b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

Chubu Electric Power Company

Market Cap: JP¥1.6t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

M3

Market Cap: JP¥1.6t

Provides medical-related services primarily to physicians and other healthcare professionals through the Internet.

Bajaj Housing Finance

Market Cap: ₹905.9b

Provides housing finance services in India.

Pradiksi Gunatama

Market Cap: Rp169.4t

Operates as an oil palm plantation company in Indonesia.

Penumbra

Market Cap: US$10.2b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Orkla

Market Cap: NOK 102.3b

Operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥72.2b

Engages in the clean energy business in China.

Japan Post Insurance

Market Cap: JP¥1.5t

Provides life insurance products and services in Japan.

Maplebear

Market Cap: US$10.1b

Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America.

Bharti Hexacom

Market Cap: ₹895.0b

Provides mobile services, fixed-line telephone, and broadband services to end consumers under the Airtel brand in India.

Celcomdigi Berhad

Market Cap: RM 42.6b

An investment holding company, provides mobile communication services and related products in Malaysia.

Boubyan Bank K.S.C.P

Market Cap: د.ك3.1b

Provides various banking products and services in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.