Venezuelan Real Estate Defensive Blue Chips

Alinma Bank

Market Cap: ر.س61.6b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Hua Xia Bank

Market Cap: CN¥115.7b

Provides commercial banking services in China and Hong Kong.

Saudi Electricity

Market Cap: ر.س60.5b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Hana Financial Group

Market Cap: ₩22.3t

Through its subsidiaries, provides financial services in South Korea.

Jerónimo Martins SGPS

Market Cap: €13.6b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Kansai Electric Power Company

Market Cap: JP¥2.4t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

Bank of Hangzhou

Market Cap: CN¥114.1b

Provides various banking products and services to individuals, corporate, and small and micro businesses in China.

Ambuja Cements

Market Cap: ₹1.4t

Manufactures, markets, and sells cement and related products to individual homebuilders, developers, infrastructure projects, masons and contractors, professionals, and architects and engineers in India.

SDIC Power Holdings

Market Cap: CN¥113.9b

Engages in the electricity generation business in China.

Rede D'Or São Luiz

Market Cap: R$86.1b

Operates a network of hospitals in Brazil.

bioMérieux

Market Cap: €13.4b

Develops and markets in vitro diagnostic solutions for infectious diseases in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$85.5b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Tryg

Market Cap: DKK 99.5b

Provides insurance products and services for private and corporate customers, and small and medium-sized businesses in Denmark, Sweden, the United Kingdom, and Norway.

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

Market Cap: ر.ق56.9b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Fortum Oyj

Market Cap: €13.3b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

Huaneng Power International

Market Cap: HK$121.4b

Generates and sells electric power to the regional or provincial grid companies in the People’s Republic of China and internationally.

Jiangsu Yanghe Distillery

Market Cap: CN¥111.0b

Offers liquors and wines.

Banco de Chile

Market Cap: CL$14.8t

Operates as a commercial bank that provides banking services in Chile.

Metro

Market Cap: CA$21.1b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

GigaDevice Semiconductor

Market Cap: CN¥108.8b

Engages in the research, development, technical support, and sale of memory, microcontrollers, and sensors.

AST SpaceMobile

Market Cap: US$15.2b

Designs and develops the constellation of BlueBird satellites in the United States.

Kerry Group

Market Cap: €12.9b

Provides taste and nutrition solutions.

Vodacom Group

Market Cap: R264.7b

Provides communications products and services.

Smoore International Holdings

Market Cap: HK$117.8b

An investment holding company, engages in the provision of vaping technology solutions.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$1.9b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Telia Company

Market Cap: SEK 139.9b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.

Suncorp Group

Market Cap: AU$22.6b

Provides insurance products to retail, corporate, and commercial customers in Australia and New Zealand.

Hologic

Market Cap: US$14.8b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

East West Bancorp

Market Cap: US$14.8b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Powszechny Zaklad Ubezpieczen

Market Cap: zł53.4b

Provides life and non-life insurance products and services in Poland, the Baltic States, and Ukraine.

Bank of Ireland Group

Market Cap: €12.6b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Uni-President Enterprises

Market Cap: NT$448.3b

Engages in the manufacture and marketing of food products in Taiwan and internationally.

MTN Group

Market Cap: R255.5b

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

Unipol Assicurazioni

Market Cap: €12.4b

Provides insurance products and services primarily in Italy.

Guangdong Haid Group

Market Cap: CN¥103.9b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.