The $50salesloadyou must pay comes off the top, and the remaining $950 will be invested in the fund.
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Wikipedia
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Instead, they may impose a contingent deferredsalesloadand a 12b-1 fee (along with other annual expenses).
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Thesalesloadcomprises both front-end and back-end sales charges.
From theCambridge English Corpus
For example, most offshore carriers are prohibited to maintain a domestic sales force; therefore, their products often do not include significant sales loads and commissions.
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These expenses fall into five categories: distribution charges (sales loads and 12b-1 fees), the management fee, other fund expenses, shareholder transaction fees and securities transaction fees.
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Wikipedia
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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.