South African Software Defensive Blue Chips

Suncorp Group

Market Cap: AU$16.9b

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

SCREEN Holdings

Market Cap: JP¥1.9t

Develops, manufactures, and markets semiconductor production equipment in Japan, Taiwan, South Korea, China, the United States, Europe, and internationally.

Great Eastern Holdings

Market Cap: S$15.1b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

King Yuan Electronics

Market Cap: NT$376.6b

Designs, manufactures, sells, tests, and assembles integrated circuits.

HKT Trust and HKT

Market Cap: HK$92.2b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Orkla

Market Cap: NOK 112.6b

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.

TIM

Market Cap: R$62.4b

Engages in the telecommunications sector in Brazil.

MTN Nigeria Communications

Market Cap: ₦15.9t

Provides broadband fixed wireless access, telecommunication, and mobile financial services to consumer, commercial, and institutional customers in Nigeria.

Fidelity National Financial

Market Cap: US$11.7b

Provides various insurance products in the United States.

Sanan OptoelectronicsLtd

Market Cap: CN¥80.5b

Engages in the research, development, production, and sale of compound semiconductor materials and devices in China and internationally.

Mowi

Market Cap: NOK 111.9b

A seafood company, produces and sells Atlantic salmon products worldwide.

Globus Medical

Market Cap: US$11.7b

Develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally.

China Zheshang Bank

Market Cap: HK$91.1b

Provides various commercial banking products and services in Mainland China.

Ensign Group

Market Cap: US$11.5b

Provides skilled nursing, senior living, and rehabilitative services.

MPI

Market Cap: NT$366.4b

Manufactures, processes, maintains, imports/exports, and trades in semi-conductor production process and testing equipment in Taiwan, China, Singapore, Korea, the United States, and internationally.

Italgas

Market Cap: €9.9b

Engages in the distribution of natural gas in Italy, Greece, and Other European Union countries.

Almarai

Market Cap: ر.س42.9b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Absa Group

Market Cap: R194.8b

Provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Hangzhou Changchuan TechnologyLtd

Market Cap: CN¥78.4b

Researches and develops, produces, and sells integrated circuit equipment and high-frequency communication materials in China and internationally.

Universal Health Services

Market Cap: US$11.4b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

Manila Electric

Market Cap: ₱679.6b

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

Amkor Technology

Market Cap: US$11.3b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.

Apollo Hospitals Enterprise

Market Cap: ₹1.1t

Provides healthcare services in India.

Harel Insurance Investments & Financial Services

Market Cap: ₪35.4b

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

T&D Holdings

Market Cap: JP¥1.8t

Through its subsidiaries, provides insurance products and services in Japan.

Taiwan Cooperative Financial Holding

Market Cap: NT$359.9b

Provides banking, insurance, securities, bills finance, investment trust, asset management, and capital management services in Taiwan.

James Hardie Industries

Market Cap: AU$15.9b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

SK Telecom

Market Cap: ₩16.8t

Engages in the provision of wireless telecommunication services in South Korea.

Hippo Valley Estates

Market Cap: US$1.4b

Together with its subsidiary, Chiredzi Township (Private) Limited, engages in the growing and milling of sugar cane in Zimbabwe and internationally.

Chongqing Rural Commercial Bank

Market Cap: HK$87.3b

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

Busy Ming Group

Market Cap: HK$87.1b

Through its subsidiaries, operates as a food and beverage retailer in China.

Arab National Bank

Market Cap: ر.س41.7b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

BAWAG Group

Market Cap: €9.6b

Operates as a holding company for BAWAG P.S.K.

Ambuja Cements

Market Cap: ₹1.0t

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

Tata Consumer Products

Market Cap: ₹1.0t

Produces, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

Global Unichip

Market Cap: NT$354.5b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.