FaithShares Advisors thinks investors can have faith and strong financial performance. And now the firm has the initial returns from its Christian exchange-traded funds to prove it.

In December, FaithShares launched three ETFs focusing on Christian investors who want to invest in portfolios that exclude companies that profit from “objectionable industries,” such as gambling, alcohol, tobacco, pornography, weapons and other activities that are against their faith. Although there had been Christian mutual funds in the past, these were the first Christian ETFs.

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