1 1/2 oz Vodka or White Rum
1 oz Peach Schnapps
1 1/2 oz Orange Juice
1 1/2 oz Cranberry Juice
1/4 tsp Vanilla Extract
Combine first four ingredients in a cocktail shaker filled with ice.
Shake thoroughly and strain into a highball glass filled ¾ of the way with ice.
Pour vanilla extract so that it floats on top of the drink.