Italian Software All Weather Stocks

Nahdi Medical

Market Cap: ر.س12.1b

Engages in the wholesale and retail trading of cosmetics, pharmaceutical, special and healthy foods, and medical equipment products in the Kingdom of Saudi Arabia and the United Arab Emirates.

AES

Market Cap: US$10.6b

Operates as a power generation and utility company.

Nestlé

Market Cap: CHF 207.5b

Manufactures and distributes food and beverage, and nutritional science products in the United States, Brazil, Mexico, Greater China, the Philippines, India, the United Kingdom, France, Germany, Switzerland, and internationally.

Hanjaya Mandala Sampoerna

Market Cap: Rp83.2t

Engages in manufacture, distribution, and trading of cigarettes and other tobacco products in Indonesia and Internationally.

Tingyi (Cayman Islands) Holding

Market Cap: HK$64.3b

An investment holding company, manufactures and sells instant noodles, beverages, and instant food products in the People’s Republic of China.

Tiger Brands

Market Cap: R39.9b

Engages in the manufacture and sale of fast-moving consumer goods in South Africa and internationally.

Orion Oyj

Market Cap: €11.1b

Develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients (APIs) in Finland, Scandinavia, rest of Europe, North America, and internationally.

GSK

Market Cap: UK£76.4b

Engages in the research, development, and manufacture of vaccines, specialty medicines, and general medicines to prevent and treat disease in the United Kingdom, the United States, and internationally.

Vietnam Dairy Products

Market Cap: ₫121.0t

Provides milk and dairy products in Vietnam and internationally.

Axfood

Market Cap: SEK 50.6b

Engages in the food retail and wholesale businesses primarily in Sweden.

Eastroc Beverage (Group)

Market Cap: CN¥91.2b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.

Recordati Industria Chimica e Farmaceutica

Market Cap: €10.4b

Researches, develops, produces, and sells pharmaceuticals in Italy, the United States, Spain, France, Germany, Russia, Ukraine, Turkey, Portugal, North Africa, and internationally.

CLASSYS

Market Cap: ₩3.0t

Provides medical aesthetics devices worldwide.

Compass Gas e Energia

Market Cap: R$17.7b

Engages in distribution and promotion of natural gas in Brazil.

Manila Electric

Market Cap: ₱664.4b

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

Mao Geping Cosmetics

Market Cap: HK$27.7b

Provides color cosmetics and skincare products under the MAOGEPING and Love Keeps brands in China.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥150.0b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Rede D'Or São Luiz

Market Cap: R$73.4b

Engages in the provision of hospital services in Brazil.

APA Group

Market Cap: AU$13.7b

Engages in the energy infrastructure business in Australia.

Coca-Cola Europacific Partners

Market Cap: €40.9b

Produces, distributes, and sells a range of non-alcoholic ready-to-drink beverages.

Muyuan Foods Group

Market Cap: CN¥220.8b

Operates as a pork company in the hog farming industry in China.

Jamjoom Pharmaceuticals Factory

Market Cap: ر.س9.8b

Engages in the manufacture and distribution of pharmaceutical and consumer products in the Kingdom of Saudi Arabia, Gulf, Iraq, Egypt, North Africa, and internationally.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥86.8b

Henan Shuanghui Investment & Development Co.,Ltd.

Sigma Foods. de

Market Cap: Mex$93.1b

A consumer-packaged goods company, produces, markets, and distributes food products in Mexico, the United States, Central and South America, Europe, and internationally.

Royal Unibrew

Market Cap: DKK 22.3b

Provides beverages in Denmark, Germany, Norway, Sweden, Italy, the Netherlands, France, Finland, Lithuania, Latvia, Estonia, Belgium, Luxembourg, and internationally.

Convatec Group

Market Cap: UK£4.2b

Engages in the development, manufacturing, and sale of medical products, services and technologies for the management of chronic conditions in Europe, North America, and internationally.

Carlsberg

Market Cap: DKK 127.8b

Produces and markets beer, soft drinks, and other beverage products in Western Europe, Asia, Central and Eastern Europe, India, and internationally.

Bumrungrad Hospital

Market Cap: ฿145.5b

Owns and operates hospitals and healthcare centers in Thailand and internationally.

Lamb Weston Holdings

Market Cap: US$6.8b

Engages in the production, distribution, and marketing of frozen potato products in the United States, Canada, Mexico, and internationally.

a2 Milk

Market Cap: NZ$6.2b

Sells A2-type protein type branded milk and related products in Australia, New Zealand, China, rest of Asia, and the United States.

WEILONG Delicious Global Holdings

Market Cap: HK$19.2b

Engages in the production and sale of spicy snack food in China and internationally.

Sonova Holding

Market Cap: CHF 12.6b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Wens Foodstuff Group

Market Cap: CN¥92.4b

Engages in the agricultural and animal husbandry businesses in China and internationally.

ENN Natural Gas

Market Cap: CN¥53.4b

Engages in the natural gas business in China and internationally.

Coca-Cola HBC

Market Cap: UK£17.7b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

San Miguel Food and Beverage

Market Cap: ₱286.6b

Engages in the manufacturing and marketing of processed meat products in the Philippines.