1 (3 oz.) pkg. cream cheese
1/4 c. mayonnaise
1 (No. 2) can crushed pineapple
1 c. diced banana
1/2 c. maraschino cherries, coarsely cut
1/4 lb. miniature marshmallows
1/2 c. chopped pecans or walnuts
1 (No. 2 1/2) can peaches, drained and diced
1 c. cream, whipped

Combine cream cheese and mayonnaise; stir until soft. Add all other ingredients and freeze.