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Financial Post: Do the gods smile on angelic investors? 

So, guess which group won on performance over the past five years -- the 21 sin stocks or the 30 top ethical picks?

Surprise, the ethical holdings won handily with an average gain of 133.3%, as all but two -- Walt Disney Co. and Emco Ltd. -- achieved a positive total return over five years. While nearly every sin stock managed to post double-digit gains, the total returns over five years for the 21 companies still averaged just 52.6%. The good guys outpaced the bad guys by two-and-a-half times.

"Ethical businesses are growth businesses," said Scott Morrison, manager of Investors Group's giant $2.07-billion Summa fund.

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