14 oz. can sweetened condensed milk
1 1/2 c. cold water
1 pkg. (3 1/2 oz.) vanilla instant pudding mix
1 c. whipping cream, whipped
10-12 oz. pound cake, cut into 1" strips or cubes
2 c. peeled, fresh, frozen or canned (drained) peaches, cut into 1" cubes
2 c. fresh or frozen blueberries
Additional peaches, blueberries & whipped cream (optional)

In large bowl, beat sweetened condensed milk and water until blended. Add pudding mix; beat on medium speed 2-3 minutes or until thickened. Chill 10 minutes. Fold whipped cream into pudding.

To assemble: In bottom of 3 or 4 quart trifle bowl, spread 2 cups pudding mixture. Layer half cake cubes, all peaches and half the remaining pudding. Repeat procedure, using all the blueberries instead of peaches. Garnish with additional peaches, blueberries and whipped cream, if desired. Cover and chill at least 1 hour before serving.