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Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 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$)		December 31, 2014			December 31, 2013
Investment in palladium - cost		$	335,517		$	463,598
Unrealized gain on investment in palladium			75,146			46,877
Investment in palladium - fair value		$	410,663		$	510,475

Categorization Of The Trust's Assets

(Amounts in 000's of US$)		December 31, 2014			December 31, 2013
Level 2
Investment in palladium		$	410,663		$	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$)		December 31, 2014			December 31, 2013
Palladium receivable		$	-		$	-
Palladium payable		$	11,617		$	-

Schedule Of Redeemable Capital Shares

		Year			Year
		Ended			Ended
(Amounts in 000's of US$, except for Share and per Share data)		December 31, 2013			December 31, 2012
Number of Redeemable Shares
Opening balance			7,250,000			5,950,000
Creations			2,000,000			2,900,000
Redemptions			(1,900,000)			(1,600,000)
Closing balance			7,350,000			7,250,000
Redeemable Shares
Opening balance		$	497,765		$	373,935
Creations			140,584			194,997
Redemptions			(133,958)			(98,852)
Adjustment to redemption value			5,823			27,685
Closing balance		$	510,214		$	497,765
Redemption value per Share at period end		$	69.42		$	68.66

Schedule Of Investment In Palladium

	Year			Year			Year
	Ended			Ended			Ended
(Amounts in 000's of US$, except for ounces data)	December 31, 2014			December 31, 2013			December 31, 2012
Ounces of palladium
Opening balance		717,967.6			712,474.5			588,255.6
Creations		24,356.7			196,033.9			286,166.1
Redemptions		(223,886.6)			(185,992.9)			(157,419.8)
Transfers of palladium to pay expenses		(3,822.2)			(4,547.9)			(4,527.4)
Closing balance		514,615.5			717,967.6			712,474.5
Investment in palladium
Opening balance	$	510,475		$	445,038		$	351,083
Creations		19,757			140,584			194,997
Redemptions		(174,468)			(133,958)			(98,852)
Realized gain on palladium distributed for the redemption of Shares		29,111			14,838			616
Transfers of palladium to pay expenses		(3,031)			(3,291)			(2,884)
Realized gain on palladium transferred to pay expenses		550			387			78
Unrealized gain on investment in palladium		28,269			-			-
Closing balance	$	410,663		$	463,598		$	445,038

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