Cloth simulation doesn't work correctly if Compute Skin Cache is ON.

It seems that cloth simulation doesn't work correctly on 4.20 if Compute Skin Cache is ON.
We can easily repro it with Content Example

[Link Removed]

Is this by design?

1. Open ContentExample
2. Check "Support Compute SkinCache" in Rendering section in Project Settings
3. Restart
4. Open Animation map
5. Simulate or PIE
6. You can see Owen's cloth isn't simulated.