iPerform Strategic Partners Hedge Fund to post fund updates on the iPerformance web site

Date: Friday, July 5, 2002

iPerform Strategic Partners Hedge Fund (TSE: ISH.UN) is pleased to announce that, commencing on July 7, 2002, updates in respect of the Fund's performance, weighting and holdings will be posted on the web site of its manager, iPerformance Fund Corp., at www.iperform.com on a regular basis and at least monthly.