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Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2014

Significant Accounting Policies [Abstract]

Quantitative Effect Of Adoption Of Investment Company Accounting

Quantitative effect of adoption of investment company accounting
		Value at						Gain / (loss)
		December 31, 2013			Value at			as a result of
		at lower of cost			January 1, 2014			change in
(Amounts in 000's of US$)		or market value			at fair value			accounting principle
Investment in palladium		$	463,598		$	510,475		$	46,877

Schedule Of Unrealized Gains Or Losses On The Trust's Palladium Holdings

	March 31, 2014			December 31, 2013
(Amounts in 000's of US$)
Investment in palladium - cost	$	417,667		$	463,598
Unrealized gain on investment in palladium		83,169			46,877
Investment in palladium - fair value	$	500,836		$	510,475

Categorization Of The Trust's Assets

Fair value hierarchy
(Amounts in 000's of US$)		March 31, 2014			December 31, 2013
Level 2
Investment in palladium		$	500,836		$	510,475

Schedule Of Redeemable Capital Shares

		Year
		Ended
(Amounts in 000's of US$, except for Share and per Share data)		December 31, 2013
Number of Redeemable Shares
Opening balance			7,250,000
Creations			2,000,000
Redemptions			(1,900,000)
Closing balance			7,350,000
Redeemable Shares
Opening balance		$	497,765
Creations			140,584
Redemptions			(133,958)
Adjustment to redemption value			5,823
Closing balance		$	510,214
Redemption value per Share at period end		$	69.42

Schedule Of Investment In Palladium

	Three Months			Year
	Ended			Ended
(Amounts in 000's of US$, except for ounces data)	March 31, 2014			December 31, 2013
Ounces of palladium
Opening balance		717,967.6			712,474.5
Creations		14,624.4			196,033.9
Redemptions		(87,794.8)			(185,992.9)
Transfers of palladium to pay expenses		(1,049.6)			(4,547.9)
Closing balance		643,747.6			717,967.6
Investment in palladium
Opening balance	$	510,475		$	445,038
Creations		11,436			140,584
Redemptions		(56,689)			(119,120)
Transfers of palladium to pay expenses		(678)			(2,904)
Change in unrealized gain on investment in palladium		36,292			-
Closing balance	$	500,836		$	463,598

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