Mix sugar and cornstarch in a small saucepan. Gradually, stir in the water. Cook over medium heat, constantly stirring until the mixture thickens and boils. Boil and stir for 1 minute.
Remove from the heat. Stir in the remaining ingredients.
Serve warm or cool. Cover and refrigerate any remaining sauce.
Notes
This sauce will thicken as it cools down.
Refrigerate this sauce in an airtight container for up to 10 days. Reheat and serve warm.