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Significant Accounting Policies (Tables)

12 Months Ended

Dec. 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$)		December 31, 2015			December 31, 2014
Level 2
Investment in palladium		$	184,779		$	410,663
There were no re-allocations or transfers between levels during the years ended December 31, 2015 or 2014.

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

	Year			Year
	Ended			Ended
(Amounts in 000's of US$, except for ounces data)	December 31, 2015			December 31, 2014
Ounces of palladium
Opening balance		514,615.5			717,967.6
Creations		14,479.4			24,356.7
Redemptions		(188,665.9)			(223,886.6)
Transfers of palladium to pay expenses		(2,624.4)			(3,822.2)
Closing balance		337,804.6			514,615.5
Investment in palladium
Opening balance	$	410,663		$	510,475
Creations		7,799			19,757
Redemptions		(127,993)			(174,468)
Realized gain on palladium distributed for the redemption of Shares		5,055			29,111
Transfers of palladium to pay expenses		(1,893)			(3,031)
Realized gain on palladium transferred to pay expenses		183			550
Change in unrealized (loss) / gain on investment in palladium		(109,035)			28,269
Closing balance	$	184,779		$	410,663

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