Zambian Software Defensive Blue Chips

Terumo

Market Cap: JP¥3.1t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Lasertec

Market Cap: JP¥3.1t

Engages in the design, manufacture, and sale of inspection and measurement equipment in Japan, South Korea, Taiwan, Other Asia, the United States.

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a private life insurance company in India.

Tower Semiconductor

Market Cap: US$19.3b

An independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe.

Heineken Holding

Market Cap: €16.8b

Engages in brewing and selling beer and cider in the Netherlands, Europe, the Americas, Africa & Middle East, Asia Pacific and internationally.

Astera Labs

Market Cap: US$19.3b

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

Alinma Bank

Market Cap: ر.س71.5b

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

Principal Financial Group

Market Cap: US$18.9b

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

Grupo Cibest

Market Cap: Col$69.3t

Provides various banking products and services in Colombia and internationally.

Arca Continental. de

Market Cap: Mex$340.4b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Pernod Ricard

Market Cap: €16.3b

Produces and sells wines and spirits worldwide.

TS Financial Holding

Market Cap: NT$598.0b

Provides various financial products and services.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫491.3t

Provides banking products and services in Vietnam.

Kansai Electric Power Company

Market Cap: JP¥3.0t

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

Uniper

Market Cap: €16.1b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

Mizrahi Tefahot Bank

Market Cap: ₪58.3b

Provides various banking services in Israel and internationally.

China Three Gorges Renewables (Group)Ltd

Market Cap: CN¥126.9b

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

Wilmar International

Market Cap: S$23.7b

Operates as an agribusiness company in Singapore, the People's Republic of China, Indonesia, Malaysia, Australia, Europe, South Africa, Nigeria, Vietnam, India, and internationally.

Jentech Precision Industrial

Market Cap: NT$585.3b

Manufactures, processes, and trades in precision tooling, and electronic parts and components in Taiwan and China.

JBS

Market Cap: US$18.2b

Engages in the processing of animal proteins, encompassing activities related to beef, pork, lamb, and poultry worldwide.

OmniVision Integrated Circuits Group

Market Cap: CN¥125.7b

OmniVision Integrated Circuits Group, Inc.

Eastroc Beverage (Group)

Market Cap: CN¥125.4b

Engages in the manufacturing and distribution of beverages in China, Vietnam, and Malaysia.

Mega Financial Holding

Market Cap: NT$580.0b

Provides various financial services in Taiwan.

Banco de Chile

Market Cap: CL$16.7t

Provides commercial banking services in Chile.

Legal & General Group

Market Cap: UK£13.5b

Provides various insurance products and services in the United Kingdom, the United States, and internationally.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp302.1t

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

Saudi Energy

Market Cap: ر.س66.7b

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

JDE Peet's

Market Cap: €15.4b

Operates as a coffee and tea company worldwide.

Credo Technology Group Holding

Market Cap: US$17.6b

Provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally.

Banco de Sabadell

Market Cap: €15.1b

Provides banking products and services in Spain, the United Kingdom, and Mexico.

Bank of Hangzhou

Market Cap: CN¥120.1b

Provides various banking products and services for individuals, corporate, and small and micro businesses in China.

Zimmer Biomet Holdings

Market Cap: US$17.3b

Operates as a medical technology company worldwide.

HANMI Semiconductor

Market Cap: ₩26.1t

Manufactures and sells semiconductor equipment in South Korea and internationally.

Associated British Foods

Market Cap: UK£12.9b

Engages in the food, ingredients, and retail businesses worldwide.

Airtel Africa

Market Cap: UK£12.9b

Provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa.

SDIC Power Holdings

Market Cap: CN¥117.2b

Engages in the electricity generation business in China.