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Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2014

Significant Accounting Policies [Abstract]

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

(Amounts in 000's of US$)		September 30, 2014			December 31, 2013
Investment in palladium - cost		$	377,237		$	463,598
Unrealized gain on investment in palladium			71,182			46,877
Investment in palladium - fair value		$	448,419		$	510,475

Categorization Of The Trust's Assets

(Amounts in 000's of US$)		September 30, 2014			December 31, 2013
Level 2
Investment in palladium		$	448,419		$	510,475
There were no re-allocations or transfers between levels during the period.

Schedule Of Palladium Receivable And Payable

(Amounts in 000's of US$)		September 30, 2014			December 31, 2013
Palladium receivable		$	-		$	-
Palladium payable		$	3,766		$	-

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

		Nine Months			Year
		Ended			Ended
(Amounts in 000's of US$, except for ounces data)		September 30, 2014			December 31, 2013
Ounces of palladium
Opening balance			717,967.6			712,474.5
Creations			24,356.7			196,033.9
Redemptions			(160,758.5)			(185,992.9)
Transfers of palladium to pay expenses			(2,960.4)			(4,547.9)
Closing balance			578,605.4			717,967.6
Investment in palladium
Opening balance		$	510,475		$	445,038
Creations			19,757			140,584
Redemptions			(124,587)			(133,958)
Realized gain on palladium distributed for the redemption of Shares			20,388			14,838
Transfers of palladium to pay expenses			(2,341)			(3,291)
Realized gain on palladium transferred to pay expenses			422			387
Unrealized gain on investment in palladium			24,305			-
Closing balance		$	448,419		$	463,598

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