South African Consumer Retailing Defensive Blue Chips

CIMB Group Holdings Berhad

Market Cap: RM 79.1b

Provides various banking products and services in Malaysia and internationally.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$2.4b

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

Tyson Foods

Market Cap: US$18.7b

Operates as a food company worldwide.

Fortum Oyj

Market Cap: €16.0b

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.

Talen Energy

Market Cap: US$18.6b

An independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States.

Banco de Sabadell

Market Cap: €15.8b

Provides banking products and services to personal, business, and private customers in Spain and internationally.

Koninklijke KPN

Market Cap: €15.8b

Provides telecommunications and information technology (IT) services in the Netherlands.

HDFC Life Insurance

Market Cap: ₹1.6t

Provides individual and group insurance solutions in India.

NN Group

Market Cap: €15.7b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

McCormick

Market Cap: US$18.2b

Manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Tenaga Nasional Berhad

Market Cap: RM 76.4b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

Banco de Crédito del Perú

Market Cap: S/60.6b

Provides banking products and services to individuals, small-sized companies, and corporate customers in Peru.

Tenet Healthcare

Market Cap: US$17.9b

Operates as a diversified healthcare services company in the United States.

Saudi Awwal Bank

Market Cap: ر.س66.7b

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

Varun Beverages

Market Cap: ₹1.6t

Manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands.

JDE Peet's

Market Cap: €15.2b

Operates as a coffee and tea company worldwide.

Coca-Cola FEMSA. de

Market Cap: US$17.7b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Alinma Bank

Market Cap: ر.س66.3b

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

Straumann Holding

Market Cap: CHF 14.0b

Provides tooth replacement and orthodontic solutions worldwide.

Principal Financial Group

Market Cap: US$17.6b

Provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide.

Centene

Market Cap: US$17.5b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

Saudi Electricity

Market Cap: ر.س65.5b

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

IHH Healthcare Berhad

Market Cap: RM 73.4b

An investment holding company, offers healthcare services in Malaysia, Singapore, Turkey, India, China, Japan, Europe, and internationally.

Wens Foodstuff Group

Market Cap: CN¥123.6b

Operates as an agricultural and animal husbandry company in China.

Anhui Conch Cement

Market Cap: CN¥123.1b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥122.9b

China Three Gorges Renewables (Group) Co.,Ltd.

Coca-Cola HBC

Market Cap: UK£12.9b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

MTN Group

Market Cap: R299.0b

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

Asahi Group Holdings

Market Cap: JP¥2.6t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

US Foods Holding

Market Cap: US$17.2b

Engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.

E.SUN Financial Holding Company

Market Cap: NT$525.9b

Provides various financial banking products and services in Taiwan.

CK Infrastructure Holdings

Market Cap: HK$133.3b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp285.3t

Provides information and communications technology, and telecommunications network services worldwide.

Bank of Beijing

Market Cap: CN¥121.1b

Provides various banking services to individuals and corporates in China.

Rede D'Or São Luiz

Market Cap: R$90.6b

Engages in the provision of hospital services in Brazil.

Kansai Electric Power Company

Market Cap: JP¥2.5t

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