OREANDA-NEWS. November 07, 2011. The life insurance company Ponum Publicum introduced a new area of investment in commodities which  is offered to the clients taking out a universal unit-linked life insurance. The funds of the clients having selected this investment area will be invested in a raw materials basket composed of oil, gold, food raw materials and industrial metals, reported the press-centre of Ukio bankas.

“As our clients showed an active interest in the possibility of investing in gold, energy resources and other commodities we have introduced this area.  Raw materials is another class of property which is rapidly gaining in popularity and which will supplement usual investment instruments such as shares or bonds.”Rasa Vasiliene-Vasiliauskiene, director of Ponum Publicum, said.

The area of investment in commodities is intended for investors who tend to assume risk higher than the medium one. The recommended period of investment in this area is at least five years. In the recent decade the prices of raw materials were continuously rising. This resulted from the increased demand for them in developing countries and limited resources.

“As our clients have entered into long-term life insurance agreements the possibility of investing in raw materials in the long-term period is attractive to them. Investments in commodities can also be successfully employed for the diversification of investment portfolio risks and protection of investments against inflation,” R.Vasiliene-Vasiliauskiene said.

Ukio bankas owns a controlling interest of 100 per cent in the life insurance company Bonum Publicum. Risks assumed by Bonum Publicum are reinsured by the world’s largest re-insurance company MUNICH RE.