The financial year to 31 December 2020 has been a very challenging period, during which the COVID-19 pandemic and the protective measures that were subsequently introduced, have had a significant impact on the economy, whilst also affecting the personal and working lives of most people. This global health crisis has had a wide reaching impact across our society and the thoughts of the Directors are with all of those who have been affected.
Against this economic backdrop, it is encouraging to report on the positive progress that has been achieved by your Company, with NAV total return at the year end increasing to 148.93p per share. This growth reflects the strength and resilience of the underlying portfolio, and the ability of investee companies to adapt to the evolving market conditions. The AIM quoted portfolio made a strong contribution to the overall performance with most investee companies reporting positive trading updates, which resulted in share price appreciation. C
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The financial year to 30 November 2020 has been a period of significant challenge and uncertainty, following the emergence of the COVID-19 pandemic and the subsequent imposition of protective measures and restrictions that have had a wide reaching impact on the economy and our society. This public health crisis has touched the lives of many people and our thoughts are with everyone who has been affected.
Notwithstanding the disruption caused by the pandemic, your Board is pleased to announce a slight uplift in NAV total return at the year end to 79.83p per share. Under the circumstances, the Directors consider that this is a creditable performance, which reflects the strength and diversity of the underlying portfolio and the ability of most investee companies to adjust to the current market conditions. Notably, the AIM quoted portfolio performed strongly during the year, with the majority of holdings reporting positive trading updates and share price appreciation. In terms o