Betashares screwed this ETF when they shifted to 3 month...

Betashares screwed this ETF when they shifted to 3 month contracts from 1 month.
Destroyed the majority of the upside potential when Oil price recovered. Had we been on 1 mth contracts - I feel the price would have bounced hard and be circa $7-8 today...

I spoke with a fella who works at BetaShares and he simply said they had to make the call otherwise they could have blown the fund up completely.... I am not convinced of that....

Eitherway my entry was $2.83 so I ma not complaining, but it was a trade I made with a ST 3-4 bagger in mind...