Zimbabwean Software Defensive Blue Chips

Chongqing Rural Commercial Bank

Market Cap: HK$81.5b

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

Huadong Medicine

Market Cap: CN¥74.5b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

Indian Bank

Market Cap: ₹907.9b

Provides various banking products and services.

Türkiye Is Bankasi

Market Cap: ₺420.1b

Provides various banking products and services in Turkey.

Redeia Corporación

Market Cap: €8.8b

Engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.

Assurant

Market Cap: US$10.3b

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

Bank Albilad

Market Cap: ر.س38.4b

Through its subsidiaries, provides various banking products and services in the Kingdom of Saudi Arabia.

Kinsale Capital Group

Market Cap: US$10.2b

Engages in the provision of property and casualty insurance products in the United States.

Mowi

Market Cap: NOK 104.5b

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

Waaree Energies

Market Cap: ₹894.1b

Manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects.

BAWAG Group

Market Cap: €8.7b

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

Alibaba Health Information Technology

Market Cap: HK$79.8b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

Airtel Africa

Market Cap: UK£7.6b

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

Far EasTone Telecommunications

Market Cap: NT$303.6b

Engages in the provision of telecommunications and digital application services in Taiwan.

Zegona Communications

Market Cap: UK£7.5b

Engages in investing in the telecommunications, media, and technology businesses in Europe.

Indus Towers

Market Cap: ₹889.8b

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India.

Align Technology

Market Cap: US$10.1b

Designs, manufactures, and markets Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Vietnam Technological and Commercial Bank

Market Cap: ₫266.7t

Provides personal and corporate banking products and services in Vietnam and internationally.

Boubyan Bank K.S.C.P

Market Cap: د.ك3.1b

Provides various banking products and services in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally.

Sanlam

Market Cap: R179.2b

Provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, Asia, and internationally.

Chubu Electric Power Company

Market Cap: JP¥1.5t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

ICICI Prudential Life Insurance

Market Cap: ₹881.8b

Provides life insurance, annuity, pension, and health insurance products to individuals and groups in India.

Banque Cantonale Vaudoise

Market Cap: CHF 8.1b

Engages in the provision of various financial services in Vaud Canton and rest of Switzerland, the European Union, North America, and internationally.

Smithfield Foods

Market Cap: US$10.0b

Produces packaged meats and fresh pork in the United States and internationally.

Molson Coors Beverage

Market Cap: US$10.0b

Manufactures, markets, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Bharti Hexacom

Market Cap: ₹878.1b

Provides mobile services, fixed-line telephone, and broadband services to end consumers under the Airtel brand in India.

Anhui Gujing Distillery

Market Cap: CN¥71.9b

Engages in the production and sale of distilled wine in the People’s Republic of China and internationally.