Which aspect does a performance benchmark NOT typically address?

A performance benchmark is primarily designed to evaluate the performance of a particular investment portfolio or strategy by providing a standard of comparison. This involves assessing comparative returns, market index performance, and investment risk levels related to those comparisons.

When looking at individual investor goals, it becomes clear that these are unique to each investor's circumstances, risk tolerance, and time horizon. Performance benchmarks are standardized measures that do not account for the personal financial objectives of individual investors. Instead, they focus on general performance metrics and market conditions which may not align with everyone's specific investment aspirations.

In summary, while performance benchmarks can provide valuable insights into risk, returns, and market behavior, they do not typically address the specific financial goals or expectations that an individual investor may have, which can vary significantly from one person to another.