Q.2514 Stellar Asset Management is a successful investment management firm with a long-standing reputation for consistent returns. Recently, the firm onboarded a new portfolio manager, Adam, to manage a portion of its flagship Global Equities Fund. Adam has an unconventional strategy that doesn't neatly fall into the traditional 'value' or 'growth' philosophies. Despite this, his past performance at other firms has been stellar. Adam is allowed to make significant allocations to innovative tech companies, which usually fall under the growth investing style. Six months after Adam's arrival, Michelle, the Chief Risk Officer (CRO), observes that the fund has outperformed the benchmark. However, it has also experienced higher volatility than before. She decides to conduct a thorough risk monitoring process to ensure the current investment activities align with the expectations for the fund's risk profile. Given the scenario, which of the following risk monitoring steps should Michelle prioritize to ensure the fund's investment activities are consistent with the fund's risk profile expectations?