Malawian Food, Beverage & Tobacco All Weather Stocks

LBX Pharmacy Chain

Market Cap: CN¥14.2b

Operates a chain of pharmacy stores in Mainland China.

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.

Apeloa PharmaceuticalLtd

Market Cap: CN¥18.8b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

SSE

Market Cap: UK£19.6b

Engages in the generation, transmission, distribution, and supply of electricity.

Golden Agri-Resources

Market Cap: S$3.4b

An investment holding company, operates as an integrated palm oil plantation company in Singapore, India, Pakistan, China, rest of Asia, the United States, Europe, and the Middle East.

Dollar General

Market Cap: US$24.8b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Indofood Sukses Makmur

Market Cap: Rp70.0t

Operates as a food solutions company in Indonesia, the Middle East, Africa, rest of Asia, internationally.

China Resources Beverage (Holdings)

Market Cap: HK$28.3b

Operates as a ready-to-drink soft beverage company in China.

Japan Tobacco

Market Cap: JP¥8.7t

A tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally.

Puig Brands

Market Cap: €9.1b

Operates in the beauty and fashion industry in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

First Pacific

Market Cap: HK$27.6b

An investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally.

McCormick

Market Cap: US$18.5b

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

Koninklijke Ahold Delhaize

Market Cap: €32.1b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Elevance Health

Market Cap: US$70.3b

Operates as a health benefits company in the United States.

China Resources Beer (Holdings)

Market Cap: HK$90.7b

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China.

Huadong Medicine

Market Cap: CN¥80.1b

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

China Yangtze Power

Market Cap: CN¥677.5b

Engages in hydropower generation business in China, Brazil, Germany, Malaysia, Pakistan, Peru, Portugal, and Sudan.

Medtronic

Market Cap: US$115.2b

Develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.

Aboitiz Power

Market Cap: ₱309.5b

Through its subsidiaries, engages in the power generation and distribution, and electricity retail businesses in the Philippines.

Smith & Nephew

Market Cap: UK£12.1b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Tsingtao Brewery

Market Cap: HK$86.6b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Jiangsu Lihua Foods Group

Market Cap: CN¥16.2b

Engages in breeding, slaughtering, processing, and sales of yellow feather broilers It is involved in breeding and sales of commercial pigs and geese.

Centrica

Market Cap: UK£7.8b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Anhui Kouzi Distillery

Market Cap: CN¥21.2b

Engages in the production and sale of liquor primarily in China.

Fraser & Neave Holdings Bhd

Market Cap: RM 10.0b

An investment holding company, primarily engages in the manufacture, sale, trading, and distribution of soft drinks, dairy, and food products in South East Asia, the Middle East, Africa, China, and internationally.

Barry Callebaut

Market Cap: CHF 5.4b

Engages in the manufacture and sale of chocolate and cocoa products.

Glanbia

Market Cap: €3.6b

Operates as a nutrition company worldwide.

J. M. Smucker

Market Cap: US$12.0b

Manufactures and markets branded food and beverage products worldwide.

Kalbe Farma

Market Cap: Rp63.6t

Develops, manufactures, and trades in pharmaceutical products in Indonesia.

Jiangsu Yanghe Distillery

Market Cap: CN¥110.5b

Offers liquors and wines.

Reynolds Consumer Products

Market Cap: US$4.9b

Produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally.

Arca Continental. de

Market Cap: Mex$335.2b

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

Yunnan Baiyao GroupLtd

Market Cap: CN¥101.6b

Engages in the pharmaceutical business in China, Southeast Asia, Europe, the United States, Japan, and internationally.

E.ON

Market Cap: €40.8b

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

ENN Energy Holdings

Market Cap: HK$70.5b

An investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People’s Republic of China.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.9b

Produces and sells seasoning products in China and internationally.