CTA Fund Performance Report – 30 June 2020 – “Are all these Apples Alike? – Dispersion Unpacked for the TF Mob”

I mentioned last week that I might investigate some of the concerns raised in recent podcasts regarding the apparent increase in the dispersion of returns in the Trend Following space.  So I played around with the concept of dispersion in relation to those Funds that are classified  as Long Term Globally Diversified Systematic Trend Following