Zambian Materials Defensive Blue Chips

Tryg

Market Cap: DKK 99.8b

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

Baxter International

Market Cap: US$15.4b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Astera Labs

Market Cap: US$15.3b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

Aier Eye Hospital Group

Market Cap: CN¥110.2b

Operates eye care hospitals and institutions.

Jerónimo Martins SGPS

Market Cap: €13.3b

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

Banco de Chile

Market Cap: CL$14.3t

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

Ambuja Cements

Market Cap: ₹1.3t

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

Anhui Conch Cement

Market Cap: HK$118.8b

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

AST SpaceMobile

Market Cap: US$15.1b

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

JBS

Market Cap: US$15.1b

Operates as a protein and food company worldwide.

LONGi Green Energy Technology

Market Cap: CN¥107.6b

Manufactures and sells photovoltaic products and solutions worldwide.

Fidelity National Financial

Market Cap: US$15.0b

Provides various insurance products in the United States.

Uni-President Enterprises

Market Cap: NT$442.6b

Manufactures and sells beverage, food, animal feed, and wheat flour in Taiwan and internationally.

Suncorp Group

Market Cap: AU$23.3b

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

Advanced Micro-Fabrication Equipment China

Market Cap: CN¥106.9b

Advanced Micro-Fabrication Equipment Inc.

Attijariwafa bank

Market Cap: د.م134.3b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Shanghai United Imaging Healthcare

Market Cap: CN¥105.3b

Shanghai United Imaging Healthcare Co., Ltd.

BJ's Wholesale Club Holdings

Market Cap: US$14.6b

Operates membership warehouse clubs on the eastern half of the United States.

Credo Technology Group Holding

Market Cap: US$14.5b

Provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

Grupo Nutresa S. A

Market Cap: Col$59.2t

Operates in the food industry in Colombia, Latin America, and internationally.

Huaneng Power International

Market Cap: HK$113.4b

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

Hims & Hers Health

Market Cap: US$14.4b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

Olympus

Market Cap: JP¥2.1t

Manufactures and sells precision machineries and instruments worldwide.

Hologic

Market Cap: US$14.4b

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.

Tata Power

Market Cap: ₹1.2t

Engages in the generation, transmission, distribution, and trading of electricity in India and internationally.

Everest Group

Market Cap: US$14.3b

Through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Smoore International Holdings

Market Cap: HK$112.2b

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

Brookfield Wealth Solutions

Market Cap: US$14.3b

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

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$79.0b

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

Telia Company

Market Cap: SEK 137.7b

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

BDO Unibank

Market Cap: ₱815.6b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

IHH Healthcare Berhad

Market Cap: RM 60.5b

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

Wilmar International

Market Cap: S$18.2b

Operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally.

Vodacom Group

Market Cap: R253.2b

Provides communications products and services.

Powszechny Zaklad Ubezpieczen

Market Cap: zł51.9b

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

Admiral Group

Market Cap: UK£10.4b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.