Vietnamese Software Defensive Blue Chips

GD Power DevelopmentLtd

Market Cap: CN¥86.5b

Operates as a power generation company in China.

RenaissanceRe Holdings

Market Cap: US$12.5b

Provides reinsurance and insurance products in the United States and internationally.

Brookfield Wealth Solutions

Market Cap: US$12.5b

Through its subsidiaries, provides retirement services, wealth protection products, and capital solutions to individuals and institutions.

Pinnacle Financial Partners

Market Cap: US$12.5b

Operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States.

Guangdong Haid Group

Market Cap: CN¥86.1b

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

Xi'an ESWIN Material Technology

Market Cap: CN¥85.4b

Xi'an ESWIN Material Technology Co., Ltd.

Uni-President Enterprises

Market Cap: NT$394.9b

Produces and sells food products in Taiwan and internationally.

Align Technology

Market Cap: US$12.3b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

China Resources Power Holdings

Market Cap: HK$96.5b

An investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People’s Republic of China.

Carrefour

Market Cap: €10.6b

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

Industrial Bank of Korea

Market Cap: ₩18.4t

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

CNA Financial

Market Cap: US$12.3b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

TIM

Market Cap: R$64.3b

Engages in the telecommunications sector in Brazil.

mBank

Market Cap: zł44.9b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

Insurance Australia Group

Market Cap: AU$17.5b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Kirin Holdings Company

Market Cap: JP¥1.9t

Engages in food and beverages, alcoholic beverages, pharmaceuticals, and health science businesses.

bioMérieux

Market Cap: €10.5b

Develops, manufactures, and markets in vitro diagnostic solutions for infectious diseases in France, Europe, Africa, the Middle East, North and South America, the Asia Pacific, and internationally.

Hormel Foods

Market Cap: US$12.2b

Develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally.

Adani Energy Solutions

Market Cap: ₹1.1t

Generates, transmits, and distributes power in India.

Lattice Semiconductor

Market Cap: US$12.1b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ44.4b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

Shanghai Rural Commercial Bank

Market Cap: CN¥83.2b

Engages in commercial banking business in China.

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Suncorp Group

Market Cap: AU$17.2b

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

Kerry Group

Market Cap: €10.4b

Provides taste and nutrition solutions.

Millicom International Cellular

Market Cap: US$12.0b

Provides cable and mobile services in Latin America.

Chubu Electric Power Company

Market Cap: JP¥1.9t

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

CP ALL

Market Cap: ฿389.9b

Operates convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internationally.

Centrica

Market Cap: UK£8.9b

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

Hong Leong Bank Berhad

Market Cap: RM 46.9b

Operates as a financial services company in Malaysia and internationally.

Budweiser Brewing Company APAC

Market Cap: HK$93.2b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, and internationally.

Unum Group

Market Cap: US$11.9b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Fresenius Medical Care

Market Cap: €10.2b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Severn Trent

Market Cap: UK£8.8b

Provides water and wastewater services in the United Kingdom.

Harel Insurance Investments & Financial Services

Market Cap: ₪36.8b

Offers insurance and financial services in Israel, Europe, and internationally.

Fidelity National Financial

Market Cap: US$11.7b

Provides various insurance products in the United States.