Zambian Materials Defensive Blue Chips

Brookfield Wealth Solutions

Market Cap: US$14.2b

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

LONGi Green Energy Technology

Market Cap: CN¥96.6b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

McCormick

Market Cap: US$14.2b

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

BB Seguridade Participações

Market Cap: R$74.0b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Suncorp Group

Market Cap: AU$20.5b

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

Reinsurance Group of America

Market Cap: US$14.1b

Provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia.

Bank of Baroda

Market Cap: ₹1.3t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Cooper Companies

Market Cap: US$14.0b

Develops, manufactures, and markets contact lens wearers.

Asahi Group Holdings

Market Cap: JP¥2.3t

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

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

Market Cap: ر.ق50.9b

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

Globe Life

Market Cap: US$14.0b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

WH Group

Market Cap: HK$109.6b

An investment holding company, produces and sells packaged meats, pork, and hogs in China, North America, and Europe.

Union Bank of India

Market Cap: ₹1.3t

Provides banking products and services in India.

JD Health International

Market Cap: HK$109.1b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

Mashreqbank PSC

Market Cap: د.إ51.0b

Provides various banking and financial services to individuals and corporates.

SG Micro

Market Cap: CN¥94.1b

Engages in the development, manufacturing and sales of comprehensive analog and mixed-signal integrated-circuit (IC) solutions in Mainland China, Hong Kong, Taiwan, and internationally.

Kirin Holdings Company

Market Cap: JP¥2.2t

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

Kinsus Interconnect Technology

Market Cap: NT$437.3b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

Semtech

Market Cap: US$13.7b

Provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.

Hormel Foods

Market Cap: US$13.7b

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

Gjensidige Forsikring

Market Cap: NOK 134.5b

Provides general insurance and pension products in Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia.

Assurant

Market Cap: US$13.6b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp242.2t

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

Britannia Industries

Market Cap: ₹1.3t

Manufactures and sells various food products in India and internationally.

RenaissanceRe Holdings

Market Cap: US$13.5b

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

HANMI Semiconductor

Market Cap: ₩20.8t

Manufactures and sells semiconductor equipment in South Korea and internationally.

CNA Financial

Market Cap: US$13.4b

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

Metro

Market Cap: CA$19.0b

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

Rambus

Market Cap: US$13.4b

Manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally.

Hippo Valley Estates

Market Cap: US$1.7b

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

Uni-President Enterprises

Market Cap: NT$425.6b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

Konfoong Materials International

Market Cap: CN¥90.5b

Konfoong Materials International Co., Ltd.

King Yuan Electronics

Market Cap: NT$424.9b

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

Beijing Huafeng Test & Control TechnologyLtd

Market Cap: CN¥90.2b

Beijing Huafeng Test & Control Technology Co.,Ltd.

Insurance Australia Group

Market Cap: AU$19.1b

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

Sanan OptoelectronicsLtd

Market Cap: CN¥89.6b

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