Check FAMI's website for more information, here's the link:
First Metro Asset Management Inc
As far as I know, FAMI doesn't charge exit fees, only entry fees (sales load). That means, your initial and succeeding investments will be deducted of fees first before it is going to be invested. In redeeming or withdrawing, what you see is what you get. But if you want to do the math, the effect is actually just the same (whether its entry or exit fee).
There is an exit fee of 1% though if you redeem all or part of your investments within six months from the date that you opened your account (not on the last addition that you made).
Aside from the sales load, FAMI also charges an annual management fee of 1.875%. But it's not going to be deducted from the NAVPS, the NAVPS that you will see is net of charges/fees already. Happy investing.