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Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2015

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

Categorization Of The Trust's Assets

(Amounts in 000's of US$)		March 31, 2015			December 31, 2014
Level 2
Investment in palladium		$	335,725		$	410,663

Schedule Of Palladium Receivable And Payable

(Amounts in 000's of US$)		March 31, 2015			December 31, 2014
Palladium receivable		$	-		$	-
Palladium payable		$	-		$	11,617

Schedule Of Investment In Palladium

		Three Months			Year
		Ended			Ended
(Amounts in 000's of US$, except for ounces data)		March 31, 2015			December 31, 2014
Ounces of palladium
Opening balance			514,615.5			717,967.6
Creations			-			24,356.7
Redemptions			(53,343.7)			(223,886.6)
Transfers of palladium to pay expenses			(743.9)			(3,822.2)
Closing balance			460,527.9			514,615.5
Investment in palladium
Opening balance		$	410,663		$	510,475
Creations			-			19,757
Redemptions			(42,233)			(174,468)
Realized gain on palladium distributed for the redemption of Shares			7,455			29,111
Transfers of palladium to pay expenses			(587)			(3,031)
Realized gain on palladium transferred to pay expenses			102			550
Change in unrealized (loss) / gain on investment in palladium			(39,675)			28,269
Closing balance		$	335,725		$	410,663

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Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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-Name Accounting Standards Codification

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Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

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