XML 22 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statement of Changes in Net Assets (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 12 Months Ended
Mar. 31, 2014
Dec. 31, 2013
Opening balance at December 31, 2013 (in Shares) 7,350,000 [1]  
Creations (in Shares) 150,000 [1] 2,000,000
Redemptions (in Shares) (900,000) [1] (1,900,000)
Closing balance at March 31, 2014 (in Shares) 6,600,000 [1] 7,350,000 [1]
Opening balance at December 31, 2013 $ 463,337 [1],[2],[3]  
Net investment loss (754) [1]  
Realized gain on investment in palladium 8,077 [1]  
Change in unrealized gain on investment in palladium 36,292 [1] 0
Creations 11,436 [1] 140,584
Redemptions (64,684) [1] (133,958)
Closing balance at March 31, 2014 500,581 [1],[2] 463,337 [1],[2],[3]
Adjustments for Change to Fair Value [Member]
    
Closing balance at March 31, 2014 $ 46,877 [1]  
[1] Effective January 1, 2014, the Trust has adopted the provisions of Topic 946, Investment Companies, and follows specialized accounting. Refer to Note 2.1 for additional information.
[2] Authorized share capital is unlimited with no par value per Share. Shares issued and outstanding at March 31, 2014 were 6,600,000 and at December 31, 2013 were 7,350,000. Net asset value per Share at March 31, 2014 and December 31, 2013 was $75.85 and $69.42, respectively.
[3] Derived from audited Statement of Financial Condition as of December 31, 2013. The amounts are those previously reported under non investment company accounting. Refer to Note 2.1 for additional information.