COMBINE sugar, cornstarch and cinnamon sticks in medium saucepan. Gradually stir in evaporated milk. Cook over medium heat, stirring constantly, until mixture comes just to a boil and slightly thickens. Remove from heat and remove cinnamon sticks; stir in vanilla extract. Refrigerate for 2 hours or until well chilled. Makes about 1 1/2 cups.
ARRANGE fruit in dessert dishes. Top with sauce. Sprinkle with cinnamon, if desired.
TIP: Refrigerate leftover sauce in covered container for up to 3 to 4 days.