2 Share price total return (including dividends reinvested) 3 AIC UK All Companies 4 FTSE All-Share Index 5 Calculated based on the NAV per share and share price at year end 6 Ongoing charge excludes performance fee. Ongoing charge including performance fee is 0.88% (2019: 0.91%) as no performance fee was paid during the year 7 This represents three interim dividends of 6.5p each and a proposed final dividend of 7.5p which will be put to shareholders for approval at the Annual General Meeting on 11 March 2021. See the Annual Report for more details 8 Based on the share price at the year end
Performance review
It has been a very difficult year for UK equities. The COVID-19 pandemic and the resultant lockdown caused a rapid fall in UK economic activity, and the impact on corporate profitability produced widespread cuts in dividend payments. In this meltdown the returns from the Company s investment po