Ugandan Materials Defensive Blue Chips

NVIDIA

Market Cap: US$4.5t

A computing infrastructure company, provides graphics and compute and networking solutions in the United States, Singapore, Taiwan, China, Hong Kong, and internationally.

Broadcom

Market Cap: US$1.6t

Designs, develops, and supplies various semiconductor devices and infrastructure software solutions worldwide.

Taiwan Semiconductor Manufacturing

Market Cap: NT$35.4t

Manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally.

JPMorgan Chase

Market Cap: US$854.4b

Operates as a financial services company worldwide.

Walmart

Market Cap: US$812.9b

Engages in the operation of retail and wholesale stores and clubs, eCommerce websites, and mobile applications worldwide.

Costco Wholesale

Market Cap: US$406.6b

Engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden.

Bank of America

Market Cap: US$375.4b

Through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.

Coca-Cola

Market Cap: US$287.4b

A beverage company, manufactures and sells various nonalcoholic beverages in the United States and internationally.

T-Mobile US

Market Cap: US$262.5b

Provides wireless communications services in the United States, Puerto Rico, and the United States Virgin Islands.

Wells Fargo

Market Cap: US$259.1b

A financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

China Mobile

Market Cap: HK$1.9t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Nestlé

Market Cap: CHF 190.1b

Operates as a food and beverage company.

Abbott Laboratories

Market Cap: US$232.3b

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide.

Bank of China

Market Cap: HK$1.7t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

PepsiCo

Market Cap: US$196.0b

Engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide.

SK hynix

Market Cap: ₩273.1t

Manufactures, distributes, and sells semiconductor products in Korea, China, rest of Asia, the United States, and Europe.

Verizon Communications

Market Cap: US$184.8b

Through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.

Citigroup

Market Cap: US$181.7b

A diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions.

Lam Research

Market Cap: US$180.1b

Designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe.

QUALCOMM

Market Cap: US$178.7b

Engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

Applied Materials

Market Cap: US$173.5b

Engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries.

HDFC Bank

Market Cap: ₹14.8t

Provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai.

Deutsche Telekom

Market Cap: €139.0b

Provides integrated telecommunication services worldwide.

Allianz

Market Cap: €137.8b

Provides property-casualty insurance, life/health insurance, and asset management products and services Internationally.

EssilorLuxottica Société anonyme

Market Cap: €129.2b

Designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in North America, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific.

Banco Santander

Market Cap: €128.3b

Provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.

KLA

Market Cap: US$148.7b

Designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide.

China Merchants Bank

Market Cap: CN¥1.0t

Provides various banking products and services.

Progressive

Market Cap: US$144.5b

Operates as an insurance company in the United States.

Delta

Market Cap: US$18.5b

Manufactures and distributes cold beverages in Zimbabwe.

Stryker

Market Cap: US$139.2b

Operates as a medical technology company.

Toronto-Dominion Bank

Market Cap: CA$192.2b

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

China Life Insurance

Market Cap: HK$1.1t

Operates as a life insurance company in the People’s Republic of China.

Ping An Insurance (Group) Company of China

Market Cap: CN¥949.9b

Ping An Insurance (Group) Company of China, Ltd.

Bharti Airtel

Market Cap: ₹11.2t

Operates as a telecommunications company in India and internationally.

Iberdrola

Market Cap: €104.5b

Engages in the generation, production, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia.